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2021-07-21

Time will tell

Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600

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will tell","listText":"Time will tell","text":"Time will tell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176365878","repostId":"1107219983","repostType":4,"repost":{"id":"1107219983","kind":"news","pubTimestamp":1626858926,"share":"https://ttm.financial/m/news/1107219983?lang=&edition=fundamental","pubTime":"2021-07-21 17:15","market":"us","language":"en","title":"Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600","url":"https://stock-news.laohu8.com/highlight/detail?id=1107219983","media":"zerohedge","summary":"Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head glob","content":"<p>Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as if the global economy is entering late cycle,<b>our research suggests the recovery is still in early-cycle</b>and gradually transitioning towards mid-cycle.\" And echoing his JPM colleague and fellow Croat, Marko Kolanovic, who yesterdayadvised clients to stop freaking out about the delta variant(advise which markets are taking to heart today), Dubravko writes that the largest commercial bank remains \"constructive on equities and see the latest round of growth and slowdown fears premature and overblown.\"</p>\n<p><img src=\"https://static.tigerbbs.com/52b0923c42b8b316b85e56a776fa3337\" tg-width=\"1132\" tg-height=\"1215\" width=\"100%\" height=\"auto\">Elaborating on why he is sanguine about the current Delta case breakout, Lakos-Bujas writes that \"we remain of the view that this latest wave will not derail the broader reopening process. While cases have gone up, deaths / hospitalizations remain low and stable due to broadening vaccination rollout and self-immunity from prior waves.\"</p>\n<p><img src=\"https://static.tigerbbs.com/d396ca943f750f3a3bcb38e01a53cbdf\" tg-width=\"772\" tg-height=\"546\" width=\"100%\" height=\"auto\">The strategist then argues that \"reopening of the economy is not an event but rather a process, which in our opinion is still not priced-in, and especially not now given recent market moves. For instance, an increasing number of reopening stocks are now down 30-50% from 1Q21 highs (i.e. travel, cruise lines, oil) and some have reversed back to last year June levels when COVID-19 uncertainty and economic setup were vastly worse than today.\"</p>\n<p>Given the above, JPM sees \"increasingly compelling\" risk/reward for the reopening theme, which can be expressed through Consumer Recovery (JPAMCONR &lt;Index&gt;), Domestic Recovery (JPAMCRDB &lt;Index&gt;) and International Recovery (JPAMCRIB &lt;Index&gt;) baskets, see Fig 1.\" Additionally, JPm argues that global mobility remains nascent and its normalization will continue to release pent-up demand, while tight inventories and new orders bode positively for global growth.</p>\n<p><img src=\"https://static.tigerbbs.com/dc9c52172685e208ffe19abe53233205\" tg-width=\"958\" tg-height=\"959\" width=\"100%\" height=\"auto\">Combining all this bullishness,<b>the JPM equity strategist is revising his EPS estimates higher by an additional $5 to $205 for 2021 and raises the bank's long-held 2021 year-end price target of 4,400 to 4,600, due to the following considerations:</b></p>\n<blockquote>\n At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort. Consumer Discretionary (i.e. Retail, Travel &amp; Leisure), Semis, Banks and Energy are strong buys at current levels. For instance,\n <b>large-cap Energy is now trading at a ~10% FCF yield and a &gt;8% FCF/EV yield at $70 Brent in 2022, with leverage that is &lt;1x</b>. The sector has increasing potential for a sharp short squeeze and move higher, given its extreme disconnect from oil fundamentals (i.e. widest in 30+ years, Figure 10). In addition, our Semiconductor research argues that we are only 30-40% of the way into&nbsp; the current semiconductor upcycle and expect strong Y/Y growth into next year with positive EPS revisions for the next 3-4 quarters. Supply will likely remain tight into 2022, while demand remains strong (20-40% above companies’ ability to supply), thus this supply demand imbalance will persist through 2021. Although customers are responding to tight supply with higher than needed orders, ongoing supply tightness is limiting fulfillment. In fact, JPM expects channel and customer inventories to decline Q/Q again in the just completed June quarter.\n</blockquote>\n<p>Looking at the fundamentals, JPM predicts that S&amp;P 500 gains should also be supported by strong earnings growth and capital return until 2023,<b>and is why JPM is adjusting its above consensus S&amp;P 500 EPS by another $5 for 2022 to $230 (consensus $214) and 2023 to $250 (consensus $233).</b></p>\n<blockquote>\n This revision is largely due to global reopening which is delayed and bound to release further pent-up demand, inventory replenishment, rising profitability for Energy companies, and ongoing policy actions (childcare, infrastructure, etc). We expect cumulative revenue growth of ~30% by 2023 relative to pre-COVID (FY 2019), ~150bp net income margin expansion to a record high at over 13%, and gross buybacks nearing an annual pace of ~$1t during this period.\n</blockquote>\n<p>While all sectors are expected to contribute to earnings growth, JPM expects reflation sensitive sectors (Commodities, Financials, Industrials) and Consumer to do the heaviest lifting in the coming quarters in terms of beats and revisions.</p>\n<p>Putting it all together, Lakos-Bujas says that \"<b>considering this outlook for earnings and shareholder return, we are raising our Price Target to 4,600 for year-end 2021.\"</b></p>\n<p>But while any first year strategist can goalseek a fundamentally bullish narrative and chart it, as JPM has done below...</p>\n<p><img src=\"https://static.tigerbbs.com/41e87174356d968c69893caff66745e0\" tg-width=\"1072\" tg-height=\"1304\" width=\"100%\" height=\"auto\">... there is a very specific reason behind JPM's bullish reversal:<b>the coming surge in buybacks which will result in a boom in shareholder returns,</b>or as Dubravko notes, \"corporates have already increased gross buybacks from pandemic era low of $525b (trailing twelve months as of 1Q21) to an annualized run rate of ~$775b YTD and should surpass previous record of ~$850b (as of 1Q19).\"</p>\n<p><img src=\"https://static.tigerbbs.com/3b09d295af263e87277eaffbda47bb7c\" tg-width=\"1076\" tg-height=\"435\" width=\"100%\" height=\"auto\">In practical terms, JPM expects a sharp drop in the S&amp;P's share count in the next 24 months as the buyback-facilitated slow-motion LBO continues.</p>\n<p><img src=\"https://static.tigerbbs.com/ae94ad29f188e3aac5cdf92b9df65fc3\" tg-width=\"1048\" tg-height=\"396\" width=\"100%\" height=\"auto\">Some more details below on the one biggest catalyst behind JPM's SPX price target hike:</p>\n<blockquote>\n <b>Expecting a boom in shareholder return led by buybacks.</b>Buybacks are reemerging as a key theme with net buyback activity significantly improving this year after bottoming in 2Q20. Corporate buyback announcements, typically a leading indicator of buyback execution activity and corporate confidence, have already well-exceeded 2020 levels ($431B YTD vs. $307B 2020, see Figure 25). In fact,\n <b>the rebound in announcement activity is similar to the surge post-TCJA (see Figure 23) which is tracking towards and it is likely to easily surpass ~$650B by year-end and likely to see rolling 12-month announcements surpass prior record level of ~$1T.</b>Historically, buyback announcements have been concentrated within Technology and Financials. However, YTD we are seeing strong announcement activity from Communications as well (driven by GOOGL ~$50B in Apr). As a reminder, ~$90B of Tech’s $133B in announcements YTD is supported by AAPL and ~$25B of Financials' ~$92B is supported by BAC.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/774d4e9c2550b27c62d10733947c8de4\" tg-width=\"1077\" tg-height=\"384\" width=\"100%\" height=\"auto\">With the June 30th lifting of pandemic era restriction on US Banks,<b>we could see some further pick-up in buyback announcements.</b>Dry powder (i.e. announced repurchase programs not yet executed) levels have been recovering to pre-pandemic levels (~$658B, see Figure 27) as executions have been relatively slower to rebound but should show a material sequential growth in the coming quarters. With record profit margins (~13% in 2022 vs ~11.5% in 2019), bloated cash levels of $2.0T ex-financials (vs. $1.6T pre- COVID), and lower high grade debt yields (JULI at 2.6% now, vs 3.3% prepandemic),<b>we are expecting a boom in buyback activity over the next year.</b>Gross buybacks should surpass the prior executed high of $850b.</p>\n<p><img src=\"https://static.tigerbbs.com/053354e7e2fc9ea74585b437e0d77f78\" tg-width=\"1076\" tg-height=\"415\" width=\"100%\" height=\"auto\">In summary,<i>assuming $875b in buybacks and dividend income of $575 over the next year,</i>JPM calculates that<b>the expected shareholder yield is 3.9%.</b>This, as Dubravko concludes, \"is a significant cross-asset valuation support for equities at a time when 10yr US bonds are yielding 1.2% and $13 trillion of global debt has a negative yield.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107219983","content_text":"Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as if the global economy is entering late cycle,our research suggests the recovery is still in early-cycleand gradually transitioning towards mid-cycle.\" And echoing his JPM colleague and fellow Croat, Marko Kolanovic, who yesterdayadvised clients to stop freaking out about the delta variant(advise which markets are taking to heart today), Dubravko writes that the largest commercial bank remains \"constructive on equities and see the latest round of growth and slowdown fears premature and overblown.\"\nElaborating on why he is sanguine about the current Delta case breakout, Lakos-Bujas writes that \"we remain of the view that this latest wave will not derail the broader reopening process. While cases have gone up, deaths / hospitalizations remain low and stable due to broadening vaccination rollout and self-immunity from prior waves.\"\nThe strategist then argues that \"reopening of the economy is not an event but rather a process, which in our opinion is still not priced-in, and especially not now given recent market moves. For instance, an increasing number of reopening stocks are now down 30-50% from 1Q21 highs (i.e. travel, cruise lines, oil) and some have reversed back to last year June levels when COVID-19 uncertainty and economic setup were vastly worse than today.\"\nGiven the above, JPM sees \"increasingly compelling\" risk/reward for the reopening theme, which can be expressed through Consumer Recovery (JPAMCONR <Index>), Domestic Recovery (JPAMCRDB <Index>) and International Recovery (JPAMCRIB <Index>) baskets, see Fig 1.\" Additionally, JPm argues that global mobility remains nascent and its normalization will continue to release pent-up demand, while tight inventories and new orders bode positively for global growth.\nCombining all this bullishness,the JPM equity strategist is revising his EPS estimates higher by an additional $5 to $205 for 2021 and raises the bank's long-held 2021 year-end price target of 4,400 to 4,600, due to the following considerations:\n\n At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort. Consumer Discretionary (i.e. Retail, Travel & Leisure), Semis, Banks and Energy are strong buys at current levels. For instance,\n large-cap Energy is now trading at a ~10% FCF yield and a >8% FCF/EV yield at $70 Brent in 2022, with leverage that is <1x. The sector has increasing potential for a sharp short squeeze and move higher, given its extreme disconnect from oil fundamentals (i.e. widest in 30+ years, Figure 10). In addition, our Semiconductor research argues that we are only 30-40% of the way into  the current semiconductor upcycle and expect strong Y/Y growth into next year with positive EPS revisions for the next 3-4 quarters. Supply will likely remain tight into 2022, while demand remains strong (20-40% above companies’ ability to supply), thus this supply demand imbalance will persist through 2021. Although customers are responding to tight supply with higher than needed orders, ongoing supply tightness is limiting fulfillment. In fact, JPM expects channel and customer inventories to decline Q/Q again in the just completed June quarter.\n\nLooking at the fundamentals, JPM predicts that S&P 500 gains should also be supported by strong earnings growth and capital return until 2023,and is why JPM is adjusting its above consensus S&P 500 EPS by another $5 for 2022 to $230 (consensus $214) and 2023 to $250 (consensus $233).\n\n This revision is largely due to global reopening which is delayed and bound to release further pent-up demand, inventory replenishment, rising profitability for Energy companies, and ongoing policy actions (childcare, infrastructure, etc). We expect cumulative revenue growth of ~30% by 2023 relative to pre-COVID (FY 2019), ~150bp net income margin expansion to a record high at over 13%, and gross buybacks nearing an annual pace of ~$1t during this period.\n\nWhile all sectors are expected to contribute to earnings growth, JPM expects reflation sensitive sectors (Commodities, Financials, Industrials) and Consumer to do the heaviest lifting in the coming quarters in terms of beats and revisions.\nPutting it all together, Lakos-Bujas says that \"considering this outlook for earnings and shareholder return, we are raising our Price Target to 4,600 for year-end 2021.\"\nBut while any first year strategist can goalseek a fundamentally bullish narrative and chart it, as JPM has done below...\n... there is a very specific reason behind JPM's bullish reversal:the coming surge in buybacks which will result in a boom in shareholder returns,or as Dubravko notes, \"corporates have already increased gross buybacks from pandemic era low of $525b (trailing twelve months as of 1Q21) to an annualized run rate of ~$775b YTD and should surpass previous record of ~$850b (as of 1Q19).\"\nIn practical terms, JPM expects a sharp drop in the S&P's share count in the next 24 months as the buyback-facilitated slow-motion LBO continues.\nSome more details below on the one biggest catalyst behind JPM's SPX price target hike:\n\nExpecting a boom in shareholder return led by buybacks.Buybacks are reemerging as a key theme with net buyback activity significantly improving this year after bottoming in 2Q20. Corporate buyback announcements, typically a leading indicator of buyback execution activity and corporate confidence, have already well-exceeded 2020 levels ($431B YTD vs. $307B 2020, see Figure 25). In fact,\n the rebound in announcement activity is similar to the surge post-TCJA (see Figure 23) which is tracking towards and it is likely to easily surpass ~$650B by year-end and likely to see rolling 12-month announcements surpass prior record level of ~$1T.Historically, buyback announcements have been concentrated within Technology and Financials. However, YTD we are seeing strong announcement activity from Communications as well (driven by GOOGL ~$50B in Apr). As a reminder, ~$90B of Tech’s $133B in announcements YTD is supported by AAPL and ~$25B of Financials' ~$92B is supported by BAC.\n\nWith the June 30th lifting of pandemic era restriction on US Banks,we could see some further pick-up in buyback announcements.Dry powder (i.e. announced repurchase programs not yet executed) levels have been recovering to pre-pandemic levels (~$658B, see Figure 27) as executions have been relatively slower to rebound but should show a material sequential growth in the coming quarters. With record profit margins (~13% in 2022 vs ~11.5% in 2019), bloated cash levels of $2.0T ex-financials (vs. $1.6T pre- COVID), and lower high grade debt yields (JULI at 2.6% now, vs 3.3% prepandemic),we are expecting a boom in buyback activity over the next year.Gross buybacks should surpass the prior executed high of $850b.\nIn summary,assuming $875b in buybacks and dividend income of $575 over the next year,JPM calculates thatthe expected shareholder yield is 3.9%.This, as Dubravko concludes, \"is a significant cross-asset valuation support for equities at a time when 10yr US bonds are yielding 1.2% and $13 trillion of global debt has a negative yield.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146809074,"gmtCreate":1626063041498,"gmtModify":1703752626117,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Up n up.&nbsp;","listText":"Up n up.&nbsp;","text":"Up n up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/146809074","repostId":"1114863871","repostType":4,"repost":{"id":"1114863871","kind":"news","pubTimestamp":1626039626,"share":"https://ttm.financial/m/news/1114863871?lang=&edition=fundamental","pubTime":"2021-07-12 05:40","market":"us","language":"en","title":"Chase, Delta, Goldman Sachs, PepsiCo, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1114863871","media":"Barron's","summary":"Second-quarter earnings season gets under way this week, with several big banks reporting. JPMorgan ChaseandGoldman SachsGroup kick things off on Tuesday, followed byBank of America,Wells Fargo,andCitigroupon Wednesday andMorgan Stanleyon Thursday.The week’s economic calendar will be equally busy. The Bureau of Labor Statistics releases the consumer price index for June on Tuesday, followed by the producer price index for June on Wednesday. Expectations are for year-over-year increases of 4.0% a","content":"<p>Second-quarter earnings season gets under way&nbsp;this week, with several big banks reporting.&nbsp;JPMorgan ChaseandGoldman SachsGroup kick things off on Tuesday, followed byBank of America,Wells Fargo,andCitigroupon Wednesday andMorgan Stanleyon Thursday.</p>\n<p>Other major companies reporting this week includePepsiCoandFastenalon Tuesday,Delta Air Lineson Wednesday,Taiwan Semiconductor ManufacturingandUnitedHealth Groupon Thursday, andKansas City Southernon Friday.</p>\n<p>The week’s economic calendar will be equally busy. The Bureau of Labor Statistics releases the consumer price index for June on Tuesday,&nbsp;followed by the producer price index for June on Wednesday. Expectations are for year-over-year increases of 4.0% and 6.4%, respectively, in the core CPI and core PPI.</p>\n<p>Investors and economists will also get a look at a pair of sentiment surveys this week:&nbsp;The National Federation of Independent Business’ Small Business Optimism Index for June on Tuesday and The University of Michigan’s Consumer Sentiment index for July on Friday. The&nbsp;Federal Reserve releases its latest beige book on Wednesday, the Census Bureau reports retail-sales data for June on Friday, and theBank of Japanannounces its latest monetary-policy decision on Friday.</p>\n<p><img src=\"https://static.tigerbbs.com/1508a89eaa3fb959feaaa832797a2c48\" tg-width=\"1176\" tg-height=\"360\"></p>\n<p><b>Monday 7/12</b></p>\n<p>FedExhosts a conference call to update the investment community on its business outlook.</p>\n<p><b>Tuesday 7/13</b></p>\n<p>JPMorgan Chase and Goldman Sachs Group kick off earnings season by reporting results before the market open. The two money-center banks recently lifted their dividends 11% and 60%, respectively.</p>\n<p>Conagra Brands,Fastenal,First Republic Bank,and PepsiCo report quarterly results.</p>\n<p>Dell Technologieshosts a conference call to discuss its ESG strategy.</p>\n<p><b>The Bureau of Labor</b>&nbsp;Statistics releases the consumer price index for June. Economists forecast a 4.9% year-over-year rise, after a 5% jump in May—the fastest rate of growth since August 2008. The core CPI, which excludes volatile food and energy prices, is expected to increase 4% compared with 3.8% previously.</p>\n<p><b>The National Federation</b>&nbsp;of Independent Business releases its Small Business Optimism Index for June. Consensus estimate is for a 99.5 reading, about even with the May figure.</p>\n<p><b>Wednesday 7/14</b></p>\n<p>Bank of America,BlackRock,Citigroup, Delta Air Lines,PNC Financial Services Group,and Wells Fargo release earnings.</p>\n<p><b>The Federal Reserve</b>&nbsp;releases the beige book for the fifth of eight times this year. The report gathers anecdotal evidence of current economic conditions in the 12 Federal Reserve districts.</p>\n<p><b>The BLS releases</b>&nbsp;the producer price index for June. Expectations are for both the PPI and core PPI to increase 0.5% month over month. This compares with gains of 0.8% and 0.7%, respectively, in May.</p>\n<p><b>Thursday 7/15</b></p>\n<p>Bank of New York Mellon,Cintas,Morgan Stanley, Taiwan Semiconductor Manufacturing,Truist Financial,U.S. Bancorp,and UnitedHealth Group hold conference calls to discuss quarterly results.</p>\n<p><b>Friday 7/16</b></p>\n<p>Charles Schwab,Ericsson,Kansas City Southern, andState Streetannounce earnings.</p>\n<p><b>The Bank of Japan</b>&nbsp;announces its monetary-policy decision. The central bank is widely expected to keep its key short-term interest rate unchanged at negative 0.1%. In June, the BOJ said it would launch a climate-change plan by the end of this year, and would release a preliminary plan at its July meeting. This could take the form of higher interest rates paid to banks for green-lending measures.</p>\n<p><b>The University of Michigan</b>&nbsp;releases its Consumer Sentiment index for July. Economists forecast an 86.5 reading, slightly higher than June’s 85.5. The index is still well below its levels from just prior to the pandemic.</p>\n<p><b>The Census Bureau</b>&nbsp;reports retail-sales data for June. Consensus estimate is for a 0.5% monthly decline in spending to $617 billion, after slumping 1.3% in May.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chase, Delta, Goldman Sachs, PepsiCo, and Other Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChase, Delta, Goldman Sachs, PepsiCo, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 05:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-for-investors-to-watch-this-week-51625883421><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Second-quarter earnings season gets under way this week, with several big banks reporting. JPMorgan ChaseandGoldman SachsGroup kick things off on Tuesday, followed byBank of America,Wells Fargo,...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-for-investors-to-watch-this-week-51625883421\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","WFC":"富国银行","MS":"摩根士丹利","BAC":"美国银行","TSM":"台积电","JPM":"摩根大通","C":"花旗"},"source_url":"https://www.barrons.com/articles/stocks-for-investors-to-watch-this-week-51625883421","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114863871","content_text":"Second-quarter earnings season gets under way this week, with several big banks reporting. JPMorgan ChaseandGoldman SachsGroup kick things off on Tuesday, followed byBank of America,Wells Fargo,andCitigroupon Wednesday andMorgan Stanleyon Thursday.\nOther major companies reporting this week includePepsiCoandFastenalon Tuesday,Delta Air Lineson Wednesday,Taiwan Semiconductor ManufacturingandUnitedHealth Groupon Thursday, andKansas City Southernon Friday.\nThe week’s economic calendar will be equally busy. The Bureau of Labor Statistics releases the consumer price index for June on Tuesday, followed by the producer price index for June on Wednesday. Expectations are for year-over-year increases of 4.0% and 6.4%, respectively, in the core CPI and core PPI.\nInvestors and economists will also get a look at a pair of sentiment surveys this week: The National Federation of Independent Business’ Small Business Optimism Index for June on Tuesday and The University of Michigan’s Consumer Sentiment index for July on Friday. The Federal Reserve releases its latest beige book on Wednesday, the Census Bureau reports retail-sales data for June on Friday, and theBank of Japanannounces its latest monetary-policy decision on Friday.\n\nMonday 7/12\nFedExhosts a conference call to update the investment community on its business outlook.\nTuesday 7/13\nJPMorgan Chase and Goldman Sachs Group kick off earnings season by reporting results before the market open. The two money-center banks recently lifted their dividends 11% and 60%, respectively.\nConagra Brands,Fastenal,First Republic Bank,and PepsiCo report quarterly results.\nDell Technologieshosts a conference call to discuss its ESG strategy.\nThe Bureau of Labor Statistics releases the consumer price index for June. Economists forecast a 4.9% year-over-year rise, after a 5% jump in May—the fastest rate of growth since August 2008. The core CPI, which excludes volatile food and energy prices, is expected to increase 4% compared with 3.8% previously.\nThe National Federation of Independent Business releases its Small Business Optimism Index for June. Consensus estimate is for a 99.5 reading, about even with the May figure.\nWednesday 7/14\nBank of America,BlackRock,Citigroup, Delta Air Lines,PNC Financial Services Group,and Wells Fargo release earnings.\nThe Federal Reserve releases the beige book for the fifth of eight times this year. The report gathers anecdotal evidence of current economic conditions in the 12 Federal Reserve districts.\nThe BLS releases the producer price index for June. Expectations are for both the PPI and core PPI to increase 0.5% month over month. This compares with gains of 0.8% and 0.7%, respectively, in May.\nThursday 7/15\nBank of New York Mellon,Cintas,Morgan Stanley, Taiwan Semiconductor Manufacturing,Truist Financial,U.S. Bancorp,and UnitedHealth Group hold conference calls to discuss quarterly results.\nFriday 7/16\nCharles Schwab,Ericsson,Kansas City Southern, andState Streetannounce earnings.\nThe Bank of Japan announces its monetary-policy decision. The central bank is widely expected to keep its key short-term interest rate unchanged at negative 0.1%. In June, the BOJ said it would launch a climate-change plan by the end of this year, and would release a preliminary plan at its July meeting. This could take the form of higher interest rates paid to banks for green-lending measures.\nThe University of Michigan releases its Consumer Sentiment index for July. Economists forecast an 86.5 reading, slightly higher than June’s 85.5. The index is still well below its levels from just prior to the pandemic.\nThe Census Bureau reports retail-sales data for June. Consensus estimate is for a 0.5% monthly decline in spending to $617 billion, after slumping 1.3% in May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155367754,"gmtCreate":1625377729878,"gmtModify":1703741043598,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Tide turning soon","listText":"Tide turning soon","text":"Tide turning soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/155367754","repostId":"1165340887","repostType":4,"repost":{"id":"1165340887","kind":"news","pubTimestamp":1625257396,"share":"https://ttm.financial/m/news/1165340887?lang=&edition=fundamental","pubTime":"2021-07-03 04:23","market":"us","language":"en","title":"U.S. stocks sweep to fresh highs after strong jobs report","url":"https://stock-news.laohu8.com/highlight/detail?id=1165340887","media":"yahoo","summary":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Sh","content":"<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.</p>\n<p>The S&amp;P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.</p>\n<p>Investorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.</p>\n<p>\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"</p>\n<p>Heading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.</p>\n<p>\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"</p>\n<p>Friday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.</p>\n<p>“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"</p>\n<p>Still, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.</p>\n<p>\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"</p>\n<p>Even with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.</p>\n<p>“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.</p>\n<p>4:01 p.m. ET: Stocks close higher, S&amp;P 500 posts longest winning streak since August 2020</p>\n<p>Here's where markets closed out on Friday:</p>\n<ul>\n <li><p><b>S&amp;P 500 (^GSPC)</b>: +32.51 (+0.75%) to 4,352.45</p></li>\n <li><p><b>Dow (^DJI)</b>: +154.4 (+0.45%) to 34,787.93</p></li>\n <li><p><b>Nasdaq (^IXIC)</b>: +116.95 (+0.81%) to 14,639.33</p></li>\n</ul>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks sweep to fresh highs after strong jobs report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks sweep to fresh highs after strong jobs report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 04:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165340887","content_text":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.\nInvestorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.\n\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"\nHeading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.\n\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"\nFriday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.\n“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"\nStill, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.\n\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"\nEven with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.\n“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.\n4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020\nHere's where markets closed out on Friday:\n\nS&P 500 (^GSPC): +32.51 (+0.75%) to 4,352.45\nDow (^DJI): +154.4 (+0.45%) to 34,787.93\nNasdaq (^IXIC): +116.95 (+0.81%) to 14,639.33","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124952944,"gmtCreate":1624722832188,"gmtModify":1703844132790,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>&nbsp;looking for a green sign&nbsp;next week","listText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>&nbsp;looking for a green sign&nbsp;next week","text":"$Torchlight Energy Resources(TRCH)$ looking for a green sign next week","images":[{"img":"https://static.tigerbbs.com/dfbdf20f45cfebdba36ac5c0a28c4417","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124952944","isVote":1,"tweetType":1,"viewCount":1162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":124958165,"gmtCreate":1624722669657,"gmtModify":1703844131136,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Yes. Coming soon","listText":"Yes. Coming soon","text":"Yes. Coming soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124958165","repostId":"1164137597","repostType":4,"repost":{"id":"1164137597","kind":"news","pubTimestamp":1624671774,"share":"https://ttm.financial/m/news/1164137597?lang=&edition=fundamental","pubTime":"2021-06-26 09:42","market":"us","language":"en","title":"Alibaba: Can BABA Get Back To $300? Yes, It Can","url":"https://stock-news.laohu8.com/highlight/detail?id=1164137597","media":"seekingalpha","summary":"The recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.The Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.Alibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.Alibaba is the dominant force in cloud services in China which could become a significant revenue g","content":"<p><b>Summary</b></p>\n<ul>\n <li>The recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.</li>\n <li>The Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.</li>\n <li>Alibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.</li>\n <li>Alibaba is the dominant force in cloud services in China which could become a significant revenue growth machine as the economy expands.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/814b0a9a0d17977f43665e2eba205b1e\" tg-width=\"1536\" tg-height=\"1024\"><span>Andrew Braun/iStock Editorial via Getty Images</span></p>\n<p>Alibaba(NYSE:BABA)operates a printing press that keeps spitting out tens of billions from total revenue down to net income. Many companies faced adversity throughout the pandemic, and some are still recovering, but not BABA. Through the worst economic environment for businesses to navigate in recent times, BABA generated over $100 billion in revenue and $20 billion in net income during their recent fiscal year. While BABA didn't get the memo about businesses facing challenges amidst the pandemic, the market must not have read BABA's earnings report or crunched the numbers.</p>\n<p>There are two Chinese companies I am bullish on, and BABA is my biggest conviction for appreciation. BABA smashed through the $300 share price level at the end of October 2020, but shareholders have been left confused and disappointed since then. It looked like BABA would turn the corner after a horrible end to 2020 as shares appreciated from $222.36 from the close of 2020 to $270.83 in the middle of February 2021. Still, the markets had other plans, and all shares of BABA have done is disappoint shareholders. If you missed the BABA train, it's time to grab your tickets and climb aboard, and if you purchased BABA during its run to $300 or early 2021 rebound, it might be time to add to your holdings. BABA is going to experience tremendous tailwinds from China's population and economic growth over the next several years, and their printing press is going to need more ink.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da7b532f25f563d08490ddc43cbede\" tg-width=\"640\" tg-height=\"337\"><span>(Source: Alibaba)</span></p>\n<p><b>The Alibaba printing press is open for business, and it spits out billions</b></p>\n<p>How many companies can say their annual revenue through the pandemic exceeded $100 billion? The $100 billion revenue mark is a prestigious club that companies such as&nbsp;Facebook (FB),PepsiCo (PEP),Procter &amp; Gamble (PG),Target (TGT), and&nbsp;Johnson &amp; Johnson (JNJ)&nbsp;are not part of. BABA, on the other hand, witnessed its revenue increase by 52.11% and smash through $100 billion as they generated $109.47 billion in their recent fiscal year. For the year ending March 2019, BABA's revenue increased by $16.25 billion (40.74%) to $56.15 billion, then for the March 2020 fiscal year, revenue increased another $15.82 billion (28.17%) to $71.97 billion. BABA is in the same boat as Alphabet(NASDAQ:GOOG)(GOOGL), FB, and Amazon (AMZN) as they watched the pandemic push more people to go digital which accelerated their businesses. For BABA, the forced transition to digital helped them achieve $37.5 billion (52.11%) in additional revenue as they finished their March 2021 fiscal year with $109.47 billion in revenue.</p>\n<p>Since 2013 BABA has not had a year where their annual revenue increase didn't exceed 25% Year over Year (YoY). When you think about that as a growth rate, it's remarkable for a company of BABA's size as this isn't a company chasing its first billion-dollar revenue year. Over the past 5 fiscal years, BABA's annual revenue has increased by $93.8 billion (408.08%) at an average annual rate of 48.25%. Smaller companies considered growth companies would be jealous of these rates, while many large caps are probably envious.</p>\n<p>BABA isn't a one-trick pony that can only generate tens of billions in revenue. BABA can convert right down to the bottom line. Each year BABA has increased its YoY gross profit by a minimum of 10% since 2013. In 2016 BABA generated $10.35 billion in gross profit and, over the next 5 fiscal years, increased its annual gross profit by $34.84 billion (336.68%). BABA has also never fallen below a 40% gross profit margin, Warren Buffett's magic number, as he indicates in<i>Warren Buffett and the Interpretation of Financial Statements. On page 34 of the Kindle edition,it says:</i></p>\n<blockquote>\n As a very general rule (and there are exceptions): Companies with gross profit margins of 40% or better tend to be companies with some sort of durable competitive advantage. Companies with gross profit margins below 40% tend to be companies in highly competitive industries, where competition is hurting overall profit margins (there are exceptions here, too).\n</blockquote>\n<p>The gross profit margin is important for investors to evaluate because it reveals how much of a company's revenue goes directly to producing it and if they have a moat around their business. BABA's numbers indicate they have a sufficient moat around their business that is hard to penetrate. With close to a decade of generating over 40% in gross profit margins, investors can expect that BABA's moat will protect its business operations for years to come.</p>\n<p>Moving to the bottom line BABA does a great job at generating profits. In their most recent fiscal year, BABA generated $22.98 billion in net income, converting more than 1/5th (20.99%) of their revenue to pure profits. Since 2013 BABA has only had 1 year where net income decreases YoY. With that track record, many options open up for BABA in the future as their cash stockpile continues to increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41a5e036f023fa4ced7666e06aa1de6b\" tg-width=\"640\" tg-height=\"444\"><span>(Source: Alibaba)</span></p>\n<p><b>Alibaba will continue to experience tailwinds as China's population and economy expands</b></p>\n<p>Alibaba&nbsp;achieved one billion annual active consumers globally in the fiscal year that ended in March 2021. BABA has 891 million consumers across China's retail marketplace, local consumer services and digital media and entertainment platforms, and approximately 240 million consumers outside China. BABA's annual active consumers in the China retail marketplaces were 811 million as it grew by 85 million YoY. BABA will focus on developing a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Through BABA's infrastructure, countless retailers have digitally transformed their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging consumer insights and technology. BABA's ecosystem, supply chain, and diversified fulfillment services have facilitated an immense digital transformation. By investing in its infrastructure, BABA's customers can now leverage a full range of high-frequency fulfillment services that include on-demand delivery, same-or-next day delivery, and next-day pick-up services for a full range of consumable and physical products.</p>\n<p>BABA will continue to be one of the cornerstones that supports growth within China's economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. China is projected to be the world's largest economy by 2028. The per-capita income in China is expected to grow by roughly 50% from 2020 to 2025.China's average economic growth&nbsp;has been projected to increase at a rate of 5.7% from 2021 to 2025, then slow to 4.5% from 2026 to 2030. As a result,China&nbsp;is on track to join the top 1/3rd of nations and overtake 56 countries in the per capita income rankings by 2025. By the end of 2022, McKinsey&nbsp;predicts&nbsp;that the middle class could expand to 550 million people which is larger than the entire U.S population.</p>\n<p>If the projections for China are correct, this should mean a windfall of cash lining BABA's coffers. It's a simple recipe; when people make more money, they tend to spend more money to enhance their lives and increase their standard of living. As BABA is a dominant force in China's retail sector, they stand to benefit from a growing economy and a larger middle class. At the end of next year, if China has anywhere close to 550 million individuals in the middle class, I believe BABA's revenue and profits will increase significantly. This trend can provide tailwinds throughout the decade for BABA, and eventually, the market will reward shareholders based on BABA's value proposition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbde4a092d19118a2d16daabf5c027d7\" tg-width=\"640\" tg-height=\"463\"><span>(Source: Blomberg)</span></p>\n<p><b>Alibaba has tremendous growth prospects in Cloud as China continues its digitization</b></p>\n<p>Cloud computing has been red hot in the U.S. as the transition from on-prem to cloud has increased the technological capabilities for many organizations. As digitization progresses across the business landscape, cloud providers continue to increase revenue generated from their cloud segments within their overall revenue mix. For example, AWS, the cloud computing division from&nbsp;AMZN, generated $45.37 billion in 2020. Cloud continues to be an exciting sector because the digital transformation is far from being over. Hence, the prospects of new customers are enormous while reoccurring revenue is generated after the transition occurs.</p>\n<p>In China, cloud infrastructure services are still in the early innings as the entire spend was around $15 billion in 2020. In Q1 of 2021, cloud infrastructure services in&nbsp;China&nbsp;grew by 55% YoY as it reached $6 billion. China was the 2nd largest market behind the U.S, accounting for 14% of global investment, up from 12% in Q1 of 2020. With cloud spending and digitization in China increasing, this serves as a major runway for growth in Alibaba Cloud.</p>\n<p>As China's economy expands, businesses will need to become more efficient to support both operations and customer demands. Chinese companies will need to implement infrastructure that can support a digital age of the workforce while supporting cloud services used by consumers for consumption. If China passes the U.S. as the world's largest economy in the second half of this decade, the amount of growth needed in cloud services will be immense. BABA is already the leader in cloud infrastructure services in China as their 39.8% market share accounted for $2.39 billion of the $6 billion spent in Q1 2021. Over the previous 6 quarters, cloud infrastructure spending has increased by roughly $2.3 billion (76.67%) in China. Based on cloud's current trajectory, quarterly revenue is on track to double over the next 2 years, putting Q1 2023 revenue at $10.6 billion. If BABA has a 35% market share, their Q1 2023 would be $3.71 billion, placing their 2023 revenue for cloud at $14.84 billion without factoring in any growth in 2023. From a cloud aspect, China's future spending is very exciting, and BABA will be one of the major benefactors.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1759b81ce463d503a165d901e2e50d7c\" tg-width=\"640\" tg-height=\"728\"><span>(Source: Canalys)</span></p>\n<p><b>Alibaba has stellar financial metrics and is undervalued compared to the U.S. tech conglomerates</b></p>\n<p>For this comparison, I am going to use AMZN and GOOGL as they have been establishing their dominance in the U.S. for more than a decade. First, here are the raw numbers for AMZN, BABA, and GOOGL:</p>\n<ul>\n <li>AMZN</li>\n <li>BABA</li>\n <li>GOOGL</li>\n</ul>\n<p>The market currently places a multiple of 17.03x on AMZN's equity compared to its market cap, while its revenue multiple is 4.2x. GOOGL has a multiple of 7.17x on its equity and 8.39x on its revenue compared to market cap. AMZN and GOOGL's market caps exceed $1.5 trillion, while BABA's sits at $575.57 billion. The market is placing a 3.5x multiple on BABA's equity and 5.26x on its revenue compared to the market cap. Thus, the market is severely discounting BABA's equity and revenue generation. BABA's equity is worth 28.58% of its market cap, while AMZN's equity is equivalent to 5.87%, and GOOGL's is 13.94% of its market cap. The current discount placed on BABA's equity could create an additional tailwind for shareholders in the future.</p>\n<p><b>Conclusion</b></p>\n<p>It's hard to dismiss the growth opportunities some companies in China are presenting, especially after the recent decline in share prices. However, I believe shares of BABA are currently undervalued based on their current financial metrics and growth rates. China's economy and the amount of capital allocated to cloud service infrastructure are expected to grow substantially over the years. These will create powerful tailwinds for BABA throughout this decade. As a result, I think shareholders have been allowed to establish a BABA or dollar cost average position at a discounted price. I plan on continuing to add shares to my position while the market is discounting BABA.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Can BABA Get Back To $300? Yes, It Can</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Can BABA Get Back To $300? Yes, It Can\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 09:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.\nThe Chinese economy is expected to become the world's largest economy by...</p>\n\n<a href=\"https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164137597","content_text":"Summary\n\nThe recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.\nThe Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.\nAlibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.\nAlibaba is the dominant force in cloud services in China which could become a significant revenue growth machine as the economy expands.\n\nAndrew Braun/iStock Editorial via Getty Images\nAlibaba(NYSE:BABA)operates a printing press that keeps spitting out tens of billions from total revenue down to net income. Many companies faced adversity throughout the pandemic, and some are still recovering, but not BABA. Through the worst economic environment for businesses to navigate in recent times, BABA generated over $100 billion in revenue and $20 billion in net income during their recent fiscal year. While BABA didn't get the memo about businesses facing challenges amidst the pandemic, the market must not have read BABA's earnings report or crunched the numbers.\nThere are two Chinese companies I am bullish on, and BABA is my biggest conviction for appreciation. BABA smashed through the $300 share price level at the end of October 2020, but shareholders have been left confused and disappointed since then. It looked like BABA would turn the corner after a horrible end to 2020 as shares appreciated from $222.36 from the close of 2020 to $270.83 in the middle of February 2021. Still, the markets had other plans, and all shares of BABA have done is disappoint shareholders. If you missed the BABA train, it's time to grab your tickets and climb aboard, and if you purchased BABA during its run to $300 or early 2021 rebound, it might be time to add to your holdings. BABA is going to experience tremendous tailwinds from China's population and economic growth over the next several years, and their printing press is going to need more ink.\n(Source: Alibaba)\nThe Alibaba printing press is open for business, and it spits out billions\nHow many companies can say their annual revenue through the pandemic exceeded $100 billion? The $100 billion revenue mark is a prestigious club that companies such as Facebook (FB),PepsiCo (PEP),Procter & Gamble (PG),Target (TGT), and Johnson & Johnson (JNJ) are not part of. BABA, on the other hand, witnessed its revenue increase by 52.11% and smash through $100 billion as they generated $109.47 billion in their recent fiscal year. For the year ending March 2019, BABA's revenue increased by $16.25 billion (40.74%) to $56.15 billion, then for the March 2020 fiscal year, revenue increased another $15.82 billion (28.17%) to $71.97 billion. BABA is in the same boat as Alphabet(NASDAQ:GOOG)(GOOGL), FB, and Amazon (AMZN) as they watched the pandemic push more people to go digital which accelerated their businesses. For BABA, the forced transition to digital helped them achieve $37.5 billion (52.11%) in additional revenue as they finished their March 2021 fiscal year with $109.47 billion in revenue.\nSince 2013 BABA has not had a year where their annual revenue increase didn't exceed 25% Year over Year (YoY). When you think about that as a growth rate, it's remarkable for a company of BABA's size as this isn't a company chasing its first billion-dollar revenue year. Over the past 5 fiscal years, BABA's annual revenue has increased by $93.8 billion (408.08%) at an average annual rate of 48.25%. Smaller companies considered growth companies would be jealous of these rates, while many large caps are probably envious.\nBABA isn't a one-trick pony that can only generate tens of billions in revenue. BABA can convert right down to the bottom line. Each year BABA has increased its YoY gross profit by a minimum of 10% since 2013. In 2016 BABA generated $10.35 billion in gross profit and, over the next 5 fiscal years, increased its annual gross profit by $34.84 billion (336.68%). BABA has also never fallen below a 40% gross profit margin, Warren Buffett's magic number, as he indicates inWarren Buffett and the Interpretation of Financial Statements. On page 34 of the Kindle edition,it says:\n\n As a very general rule (and there are exceptions): Companies with gross profit margins of 40% or better tend to be companies with some sort of durable competitive advantage. Companies with gross profit margins below 40% tend to be companies in highly competitive industries, where competition is hurting overall profit margins (there are exceptions here, too).\n\nThe gross profit margin is important for investors to evaluate because it reveals how much of a company's revenue goes directly to producing it and if they have a moat around their business. BABA's numbers indicate they have a sufficient moat around their business that is hard to penetrate. With close to a decade of generating over 40% in gross profit margins, investors can expect that BABA's moat will protect its business operations for years to come.\nMoving to the bottom line BABA does a great job at generating profits. In their most recent fiscal year, BABA generated $22.98 billion in net income, converting more than 1/5th (20.99%) of their revenue to pure profits. Since 2013 BABA has only had 1 year where net income decreases YoY. With that track record, many options open up for BABA in the future as their cash stockpile continues to increase.\n(Source: Alibaba)\nAlibaba will continue to experience tailwinds as China's population and economy expands\nAlibaba achieved one billion annual active consumers globally in the fiscal year that ended in March 2021. BABA has 891 million consumers across China's retail marketplace, local consumer services and digital media and entertainment platforms, and approximately 240 million consumers outside China. BABA's annual active consumers in the China retail marketplaces were 811 million as it grew by 85 million YoY. BABA will focus on developing a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Through BABA's infrastructure, countless retailers have digitally transformed their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging consumer insights and technology. BABA's ecosystem, supply chain, and diversified fulfillment services have facilitated an immense digital transformation. By investing in its infrastructure, BABA's customers can now leverage a full range of high-frequency fulfillment services that include on-demand delivery, same-or-next day delivery, and next-day pick-up services for a full range of consumable and physical products.\nBABA will continue to be one of the cornerstones that supports growth within China's economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. China is projected to be the world's largest economy by 2028. The per-capita income in China is expected to grow by roughly 50% from 2020 to 2025.China's average economic growth has been projected to increase at a rate of 5.7% from 2021 to 2025, then slow to 4.5% from 2026 to 2030. As a result,China is on track to join the top 1/3rd of nations and overtake 56 countries in the per capita income rankings by 2025. By the end of 2022, McKinsey predicts that the middle class could expand to 550 million people which is larger than the entire U.S population.\nIf the projections for China are correct, this should mean a windfall of cash lining BABA's coffers. It's a simple recipe; when people make more money, they tend to spend more money to enhance their lives and increase their standard of living. As BABA is a dominant force in China's retail sector, they stand to benefit from a growing economy and a larger middle class. At the end of next year, if China has anywhere close to 550 million individuals in the middle class, I believe BABA's revenue and profits will increase significantly. This trend can provide tailwinds throughout the decade for BABA, and eventually, the market will reward shareholders based on BABA's value proposition.\n(Source: Blomberg)\nAlibaba has tremendous growth prospects in Cloud as China continues its digitization\nCloud computing has been red hot in the U.S. as the transition from on-prem to cloud has increased the technological capabilities for many organizations. As digitization progresses across the business landscape, cloud providers continue to increase revenue generated from their cloud segments within their overall revenue mix. For example, AWS, the cloud computing division from AMZN, generated $45.37 billion in 2020. Cloud continues to be an exciting sector because the digital transformation is far from being over. Hence, the prospects of new customers are enormous while reoccurring revenue is generated after the transition occurs.\nIn China, cloud infrastructure services are still in the early innings as the entire spend was around $15 billion in 2020. In Q1 of 2021, cloud infrastructure services in China grew by 55% YoY as it reached $6 billion. China was the 2nd largest market behind the U.S, accounting for 14% of global investment, up from 12% in Q1 of 2020. With cloud spending and digitization in China increasing, this serves as a major runway for growth in Alibaba Cloud.\nAs China's economy expands, businesses will need to become more efficient to support both operations and customer demands. Chinese companies will need to implement infrastructure that can support a digital age of the workforce while supporting cloud services used by consumers for consumption. If China passes the U.S. as the world's largest economy in the second half of this decade, the amount of growth needed in cloud services will be immense. BABA is already the leader in cloud infrastructure services in China as their 39.8% market share accounted for $2.39 billion of the $6 billion spent in Q1 2021. Over the previous 6 quarters, cloud infrastructure spending has increased by roughly $2.3 billion (76.67%) in China. Based on cloud's current trajectory, quarterly revenue is on track to double over the next 2 years, putting Q1 2023 revenue at $10.6 billion. If BABA has a 35% market share, their Q1 2023 would be $3.71 billion, placing their 2023 revenue for cloud at $14.84 billion without factoring in any growth in 2023. From a cloud aspect, China's future spending is very exciting, and BABA will be one of the major benefactors.\n(Source: Canalys)\nAlibaba has stellar financial metrics and is undervalued compared to the U.S. tech conglomerates\nFor this comparison, I am going to use AMZN and GOOGL as they have been establishing their dominance in the U.S. for more than a decade. First, here are the raw numbers for AMZN, BABA, and GOOGL:\n\nAMZN\nBABA\nGOOGL\n\nThe market currently places a multiple of 17.03x on AMZN's equity compared to its market cap, while its revenue multiple is 4.2x. GOOGL has a multiple of 7.17x on its equity and 8.39x on its revenue compared to market cap. AMZN and GOOGL's market caps exceed $1.5 trillion, while BABA's sits at $575.57 billion. The market is placing a 3.5x multiple on BABA's equity and 5.26x on its revenue compared to the market cap. Thus, the market is severely discounting BABA's equity and revenue generation. BABA's equity is worth 28.58% of its market cap, while AMZN's equity is equivalent to 5.87%, and GOOGL's is 13.94% of its market cap. The current discount placed on BABA's equity could create an additional tailwind for shareholders in the future.\nConclusion\nIt's hard to dismiss the growth opportunities some companies in China are presenting, especially after the recent decline in share prices. However, I believe shares of BABA are currently undervalued based on their current financial metrics and growth rates. China's economy and the amount of capital allocated to cloud service infrastructure are expected to grow substantially over the years. These will create powerful tailwinds for BABA throughout this decade. As a result, I think shareholders have been allowed to establish a BABA or dollar cost average position at a discounted price. I plan on continuing to add shares to my position while the market is discounting BABA.","news_type":1},"isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121176905,"gmtCreate":1624457647407,"gmtModify":1703837348786,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Crypto has not crashed yet. Ytd still positive","listText":"Crypto has not crashed yet. Ytd still positive","text":"Crypto has not crashed yet. Ytd still positive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121176905","repostId":"2145283099","repostType":4,"repost":{"id":"2145283099","kind":"highlight","pubTimestamp":1624452600,"share":"https://ttm.financial/m/news/2145283099?lang=&edition=fundamental","pubTime":"2021-06-23 20:50","market":"us","language":"en","title":"Here's What Happened to NVIDIA During the Last Crypto Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2145283099","media":"Motley Fool","summary":"Sales fell off a cliff, and so did the stock price.","content":"<p>It's starting to look like the cryptocurrency bubble is bursting. As of this writing, the price of <b>Bitcoin</b> (CRYPTO:BTC) has dipped below $30,000, erasing its gains for the year. Bitcoin is now down more than 50% from its all-time high.</p>\n<p>Other cryptocurrencies are doing even worse. <b>Ethereum</b> (CRYPTO:ETH) is down nearly 60% from its high, and joke cryptocurrency <b>Dogecoin</b> (CRYPTO:DOGE) has crashed 75%.</p>\n<p>Graphics chip developer <b>NVIDIA</b> (NASDAQ:NVDA) has been <a href=\"https://laohu8.com/S/AONE\">one</a> beneficiary of the crypto bubble. The company's graphics cards are useful for mining certain cryptocurrencies. This fact has boosted demand for graphics cards, contributing to shortages and high prices.</p>\n<p><img src=\"https://static.tigerbbs.com/9eae70fe3111cdeb0fe2fe15c5e5fcf3\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>NVIDIA sells some models specifically aimed at cryptocurrency miners, but miners are also buying plenty of standard graphics cards through the same channels used by PC gamers. This makes it difficult to tell how much of NVIDIA's gaming revenue is a side-effect of the cryptocurrency bubble. NVIDIA's gaming revenue more than doubled year-over-year to $2.76 billion in its latest quarter.</p>\n<p>What happens if crypto prices continue to crash? It wasn't pretty for NVIDIA last time around.</p>\n<h3>From shortage to supply glut</h3>\n<p>The price of bitcoin and other cryptocurrencies soared throughout 2017 and early 2018. Miners snapped up graphics cards, leading to shortages and high prices. Sound familiar?</p>\n<p>NVIDIA's quarterly gaming revenue held steady at around $1.8 billion through the third quarter of fiscal 2019, which ended in October of 2018. Then it fell off a cliff as interest in cryptocurrency waned. Gaming revenue crashed below $1 billion in the fiscal fourth quarter of that year.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F631439%2Fnvidia-gaming-revenue-crypto.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"501\" referrerpolicy=\"no-referrer\"></p>\n<p>Chart by author. Data source: NVIDIA.</p>\n<p>The crypto crash of 2018 led to bloated channel inventories of graphics cards, which reduced NVIDIA's sales dramatically. Gaming revenue was depressed for about three quarters before bouncing back.</p>\n<p>\"Crypto mining demand and its after effects have distorted the quarter-to-quarter trends in the gaming business and obscured its underlying trend line,\" NVIDIA CFO Colette Kress said during the Q4 2019 earnings call.</p>\n<p>Kress continued: \"...with the benefit of hindsight, we shipped a higher amount of desktop gaming products relative to where end demand turned out to be.\"</p>\n<p>What's happening now is a turbocharged version of what happened in 2018. The total value of the cryptocurrency market at the peak this time around was far higher than in 2018, topping $2 trillion in April.</p>\n<p>Actual shipments of graphics cards were up 24.4% in the first quarter on a year-over-year basis, according to Jon Peddie Research. The total value of those cards soared 370% thanks to inflated prices. Some of this demand has undoubtedly been driven by the pandemic, but a big chunk is tied to the fortunes of the cryptocurrency market.</p>\n<p>Just like NVIDIA's gaming revenue, NVIDIA stock was hit hard by the last crypto crash. Shares tanked in the final three months of 2018 as the extent of NVIDIA's dependence on crypto miners demand became clear.</p>\n<p><img src=\"https://static.tigerbbs.com/872169a76058d1b9cde031da052b3211\" tg-width=\"720\" tg-height=\"419\" referrerpolicy=\"no-referrer\"></p>\n<p>NVDA data by YCharts</p>\n<p>NVIDIA stock has once again surged amid a cryptocurrency boom and shortages of graphics cards. The company is now worth about $460 billion, about triple its peak value during the last cryptocurrency bubble. NVIDIA has made strides outside of gaming since then, particularly in the data center. But a big drop in revenue is possible, and perhaps likely, if crypto prices keep tumbling.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's What Happened to NVIDIA During the Last Crypto Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's What Happened to NVIDIA During the Last Crypto Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/23/nvidia-stock-crypto-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's starting to look like the cryptocurrency bubble is bursting. As of this writing, the price of Bitcoin (CRYPTO:BTC) has dipped below $30,000, erasing its gains for the year. Bitcoin is now down ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/23/nvidia-stock-crypto-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/06/23/nvidia-stock-crypto-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145283099","content_text":"It's starting to look like the cryptocurrency bubble is bursting. As of this writing, the price of Bitcoin (CRYPTO:BTC) has dipped below $30,000, erasing its gains for the year. Bitcoin is now down more than 50% from its all-time high.\nOther cryptocurrencies are doing even worse. Ethereum (CRYPTO:ETH) is down nearly 60% from its high, and joke cryptocurrency Dogecoin (CRYPTO:DOGE) has crashed 75%.\nGraphics chip developer NVIDIA (NASDAQ:NVDA) has been one beneficiary of the crypto bubble. The company's graphics cards are useful for mining certain cryptocurrencies. This fact has boosted demand for graphics cards, contributing to shortages and high prices.\n\nImage source: Getty Images.\nNVIDIA sells some models specifically aimed at cryptocurrency miners, but miners are also buying plenty of standard graphics cards through the same channels used by PC gamers. This makes it difficult to tell how much of NVIDIA's gaming revenue is a side-effect of the cryptocurrency bubble. NVIDIA's gaming revenue more than doubled year-over-year to $2.76 billion in its latest quarter.\nWhat happens if crypto prices continue to crash? It wasn't pretty for NVIDIA last time around.\nFrom shortage to supply glut\nThe price of bitcoin and other cryptocurrencies soared throughout 2017 and early 2018. Miners snapped up graphics cards, leading to shortages and high prices. Sound familiar?\nNVIDIA's quarterly gaming revenue held steady at around $1.8 billion through the third quarter of fiscal 2019, which ended in October of 2018. Then it fell off a cliff as interest in cryptocurrency waned. Gaming revenue crashed below $1 billion in the fiscal fourth quarter of that year.\n\nChart by author. Data source: NVIDIA.\nThe crypto crash of 2018 led to bloated channel inventories of graphics cards, which reduced NVIDIA's sales dramatically. Gaming revenue was depressed for about three quarters before bouncing back.\n\"Crypto mining demand and its after effects have distorted the quarter-to-quarter trends in the gaming business and obscured its underlying trend line,\" NVIDIA CFO Colette Kress said during the Q4 2019 earnings call.\nKress continued: \"...with the benefit of hindsight, we shipped a higher amount of desktop gaming products relative to where end demand turned out to be.\"\nWhat's happening now is a turbocharged version of what happened in 2018. The total value of the cryptocurrency market at the peak this time around was far higher than in 2018, topping $2 trillion in April.\nActual shipments of graphics cards were up 24.4% in the first quarter on a year-over-year basis, according to Jon Peddie Research. The total value of those cards soared 370% thanks to inflated prices. Some of this demand has undoubtedly been driven by the pandemic, but a big chunk is tied to the fortunes of the cryptocurrency market.\nJust like NVIDIA's gaming revenue, NVIDIA stock was hit hard by the last crypto crash. Shares tanked in the final three months of 2018 as the extent of NVIDIA's dependence on crypto miners demand became clear.\n\nNVDA data by YCharts\nNVIDIA stock has once again surged amid a cryptocurrency boom and shortages of graphics cards. The company is now worth about $460 billion, about triple its peak value during the last cryptocurrency bubble. NVIDIA has made strides outside of gaming since then, particularly in the data center. But a big drop in revenue is possible, and perhaps likely, if crypto prices keep tumbling.","news_type":1},"isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129182533,"gmtCreate":1624365240022,"gmtModify":1703834451706,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;hope The Tiger wake up today!&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;hope The Tiger wake up today!&nbsp;","text":"$Tiger Brokers(TIGR)$ hope The Tiger wake up today!","images":[{"img":"https://static.tigerbbs.com/1003e0c77c86e7c063601d72cc8662c3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129182533","isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":167343418,"gmtCreate":1624249180734,"gmtModify":1703831554851,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Good news?","listText":"Good news?","text":"Good news?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167343418","repostId":"2145088542","repostType":4,"repost":{"id":"2145088542","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624246640,"share":"https://ttm.financial/m/news/2145088542?lang=&edition=fundamental","pubTime":"2021-06-21 11:37","market":"hk","language":"en","title":"HK-listed Jinxin Fertility Group jumps on expansion deals","url":"https://stock-news.laohu8.com/highlight/detail?id=2145088542","media":"Reuters","summary":"** Shares of China's assisted reproductive services provider Jinxin Fertility Group Ltd rise as much","content":"<p>** Shares of China's assisted reproductive services provider Jinxin Fertility Group Ltd rise as much as 13.6% to HK$20.90, their biggest intraday percentage gain since May 31</p>\n<p>** Stock, the eighth biggest percentage gainer on the Hong Kong bourse, hits its highest since June 4</p>\n<p>** The Sichuan-based company says its unit has agreed to buy a 10% stake in Guangdong Kangzhi Hospital Management Co Ltd from Honz Pharmaceutical Co Ltd for 37.7 mln yuan ($5.8 mln)</p>\n<p>** Says its 15%-owned Tianjin Binhai Yuanxian Management Consulting Center will buy from Honz and certain independent third parties 90% of Guangdong Kangzhi Hospital, and stakes in Yunnan Jiuzhou Hospital and Kunming Hewanjia Obstetrics and Gynecology Hospital</p>\n<p>** Says the acquisitions will expand productivity and capacity of its network in mainland China</p>\n<p>** Shenzhen shares of Honz rise 1.4%</p>\n<p>** The Hong Kong Hang Seng Commerce &amp; Industry Index slips 0.4%, while the healthcare index rises 1.7%</p>\n<p>** The Hang Seng China enterprises index slides 0.8% and the benchmark index drops 1.1%</p>\n<p>** As of last close, the stock had surged 16.5% this year</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK-listed Jinxin Fertility Group jumps on expansion deals</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK-listed Jinxin Fertility Group jumps on expansion deals\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-21 11:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of China's assisted reproductive services provider Jinxin Fertility Group Ltd rise as much as 13.6% to HK$20.90, their biggest intraday percentage gain since May 31</p>\n<p>** Stock, the eighth biggest percentage gainer on the Hong Kong bourse, hits its highest since June 4</p>\n<p>** The Sichuan-based company says its unit has agreed to buy a 10% stake in Guangdong Kangzhi Hospital Management Co Ltd from Honz Pharmaceutical Co Ltd for 37.7 mln yuan ($5.8 mln)</p>\n<p>** Says its 15%-owned Tianjin Binhai Yuanxian Management Consulting Center will buy from Honz and certain independent third parties 90% of Guangdong Kangzhi Hospital, and stakes in Yunnan Jiuzhou Hospital and Kunming Hewanjia Obstetrics and Gynecology Hospital</p>\n<p>** Says the acquisitions will expand productivity and capacity of its network in mainland China</p>\n<p>** Shenzhen shares of Honz rise 1.4%</p>\n<p>** The Hong Kong Hang Seng Commerce &amp; Industry Index slips 0.4%, while the healthcare index rises 1.7%</p>\n<p>** The Hang Seng China enterprises index slides 0.8% and the benchmark index drops 1.1%</p>\n<p>** As of last close, the stock had surged 16.5% this year</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01951":"锦欣生殖"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145088542","content_text":"** Shares of China's assisted reproductive services provider Jinxin Fertility Group Ltd rise as much as 13.6% to HK$20.90, their biggest intraday percentage gain since May 31\n** Stock, the eighth biggest percentage gainer on the Hong Kong bourse, hits its highest since June 4\n** The Sichuan-based company says its unit has agreed to buy a 10% stake in Guangdong Kangzhi Hospital Management Co Ltd from Honz Pharmaceutical Co Ltd for 37.7 mln yuan ($5.8 mln)\n** Says its 15%-owned Tianjin Binhai Yuanxian Management Consulting Center will buy from Honz and certain independent third parties 90% of Guangdong Kangzhi Hospital, and stakes in Yunnan Jiuzhou Hospital and Kunming Hewanjia Obstetrics and Gynecology Hospital\n** Says the acquisitions will expand productivity and capacity of its network in mainland China\n** Shenzhen shares of Honz rise 1.4%\n** The Hong Kong Hang Seng Commerce & Industry Index slips 0.4%, while the healthcare index rises 1.7%\n** The Hang Seng China enterprises index slides 0.8% and the benchmark index drops 1.1%\n** As of last close, the stock had surged 16.5% this year","news_type":1},"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167354054,"gmtCreate":1624249045478,"gmtModify":1703831548311,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00175\">$Geely Automobile(00175)$</a>&nbsp;Geely go go go!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/00175\">$Geely Automobile(00175)$</a>&nbsp;Geely go go go!!!&nbsp;","text":"$Geely Automobile(00175)$ Geely go go go!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167354054","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187772929,"gmtCreate":1623765557161,"gmtModify":1703818695271,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Another record session","listText":"Another record session","text":"Another record session","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187772929","repostId":"1146320033","repostType":4,"repost":{"id":"1146320033","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623764131,"share":"https://ttm.financial/m/news/1146320033?lang=&edition=fundamental","pubTime":"2021-06-15 21:35","market":"us","language":"en","title":"Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1146320033","media":"Tiger Newspress","summary":"(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy","content":"<p>(June 15)&nbsp;U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.</p>\n<p>The S&amp;P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.</p>\n<p>OCGN surged over&nbsp;14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.</p>\n<p><img src=\"https://static.tigerbbs.com/39fdb75cb1c3f4399e35e84ba937685e\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>DraftKings plunged nearly 9%.&nbsp;DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.</p>\n<p><img src=\"https://static.tigerbbs.com/52d85ad8bd88cda7858f3a247dcbb636\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow rises slightly, S&P 500 adds to a record ahead of key Fed meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-15 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 15)&nbsp;U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.</p>\n<p>The S&amp;P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.</p>\n<p>OCGN surged over&nbsp;14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.</p>\n<p><img src=\"https://static.tigerbbs.com/39fdb75cb1c3f4399e35e84ba937685e\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>DraftKings plunged nearly 9%.&nbsp;DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.</p>\n<p><img src=\"https://static.tigerbbs.com/52d85ad8bd88cda7858f3a247dcbb636\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146320033","content_text":"(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.\nThe S&P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.\nOCGN surged over 14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.\n\nDraftKings plunged nearly 9%. DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187748903,"gmtCreate":1623765303102,"gmtModify":1703818678467,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>need more up side!&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>need more up side!&nbsp;","text":"$BlackBerry(BB)$need more up side!","images":[{"img":"https://static.tigerbbs.com/d37539655e8762bc24225f766a193f8f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187748903","isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":187757462,"gmtCreate":1623765231756,"gmtModify":1703818672570,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"BB up up!&nbsp;","listText":"BB up up!&nbsp;","text":"BB up up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187757462","repostId":"1127660571","repostType":4,"repost":{"id":"1127660571","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623760680,"share":"https://ttm.financial/m/news/1127660571?lang=&edition=fundamental","pubTime":"2021-06-15 20:38","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1127660571","media":"Tiger Newspress","summary":"Stock futures edge up ahead of retail sales data.\nS&P 500 index is headed toward its 30th record clo","content":"<ul>\n <li>Stock futures edge up ahead of retail sales data.</li>\n <li>S&amp;P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.</li>\n <li><b>Increase in in PPI over past 12 months rises to 6.6% from 6.2%.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n</ul>\n<p>(June 15)&nbsp;<b>Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record.</b>&nbsp;Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.</p>\n<p>On a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.</p>\n<p><b>Stock&nbsp;Market</b></p>\n<p>U.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.</p>\n<p>Futures tied to the S&amp;P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.</p>\n<p>At 8:38&nbsp;a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&amp;P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.</p>\n<p><img src=\"https://static.tigerbbs.com/86af5e5e5e4faf68b304fa020ca3a033\" tg-width=\"1242\" tg-height=\"487\"></p>\n<p>Investors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.</p>\n<p><b>Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics &amp; more</b></p>\n<p><b>1)&nbsp;Vroom(VRM)</b> – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.</p>\n<p><b>2)&nbsp;Ping Identity(PING) </b>– Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.</p>\n<p><b>3)&nbsp;Sage Therapeutics(SAGE)</b> – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.</p>\n<p><b>4)&nbsp;Boeing(BA) </b>– The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.</p>\n<p><b>5)&nbsp;Exxon Mobil(XOM) </b>– Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.</p>\n<p><b>6)&nbsp;Spirit Airlines(SAVE)</b> – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.</p>\n<p><b>7)&nbsp;Fastenal(FAST)</b> – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.</p>\n<p><b>8)&nbsp;AstraZeneca(AZN) </b>– AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.</p>\n<p><b>9)&nbsp;Cracker Barrel(CBRL)</b> – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.</p>\n<p><b>10)&nbsp;Novavax(NVAX)</b> – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.</p>\n<p><b>11)&nbsp;Intuit(INTU)</b> – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.</p>\n<p><b>12)&nbsp;Vimeo(VMEO)</b> – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-15 20:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Stock futures edge up ahead of retail sales data.</li>\n <li>S&amp;P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.</li>\n <li><b>Increase in in PPI over past 12 months rises to 6.6% from 6.2%.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n</ul>\n<p>(June 15)&nbsp;<b>Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record.</b>&nbsp;Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.</p>\n<p>On a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.</p>\n<p><b>Stock&nbsp;Market</b></p>\n<p>U.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.</p>\n<p>Futures tied to the S&amp;P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.</p>\n<p>At 8:38&nbsp;a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&amp;P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.</p>\n<p><img src=\"https://static.tigerbbs.com/86af5e5e5e4faf68b304fa020ca3a033\" tg-width=\"1242\" tg-height=\"487\"></p>\n<p>Investors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.</p>\n<p><b>Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics &amp; more</b></p>\n<p><b>1)&nbsp;Vroom(VRM)</b> – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.</p>\n<p><b>2)&nbsp;Ping Identity(PING) </b>– Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.</p>\n<p><b>3)&nbsp;Sage Therapeutics(SAGE)</b> – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.</p>\n<p><b>4)&nbsp;Boeing(BA) </b>– The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.</p>\n<p><b>5)&nbsp;Exxon Mobil(XOM) </b>– Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.</p>\n<p><b>6)&nbsp;Spirit Airlines(SAVE)</b> – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.</p>\n<p><b>7)&nbsp;Fastenal(FAST)</b> – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.</p>\n<p><b>8)&nbsp;AstraZeneca(AZN) </b>– AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.</p>\n<p><b>9)&nbsp;Cracker Barrel(CBRL)</b> – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.</p>\n<p><b>10)&nbsp;Novavax(NVAX)</b> – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.</p>\n<p><b>11)&nbsp;Intuit(INTU)</b> – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.</p>\n<p><b>12)&nbsp;Vimeo(VMEO)</b> – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127660571","content_text":"Stock futures edge up ahead of retail sales data.\nS&P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.\nIncrease in in PPI over past 12 months rises to 6.6% from 6.2%.\nU.S. retail sales minus gas and autos fall 0.8% in May.\nU.S. retail sales minus gas and autos fall 0.8% in May.\n\n(June 15) Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record. Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.\nOn a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.\nStock Market\nU.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.\nFutures tied to the S&P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.\nAt 8:38 a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.\n\nInvestors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.\nStocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more\n1) Vroom(VRM) – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.\n2) Ping Identity(PING) – Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.\n3) Sage Therapeutics(SAGE) – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.\n4) Boeing(BA) – The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.\n5) Exxon Mobil(XOM) – Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.\n6) Spirit Airlines(SAVE) – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.\n7) Fastenal(FAST) – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.\n8) AstraZeneca(AZN) – AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.\n9) Cracker Barrel(CBRL) – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.\n10) Novavax(NVAX) – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.\n11) Intuit(INTU) – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.\n12) Vimeo(VMEO) – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184185213,"gmtCreate":1623688971232,"gmtModify":1704208856704,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Good choice","listText":"Good choice","text":"Good choice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184185213","repostId":"2143784913","repostType":4,"repost":{"id":"2143784913","kind":"highlight","pubTimestamp":1623680160,"share":"https://ttm.financial/m/news/2143784913?lang=&edition=fundamental","pubTime":"2021-06-14 22:16","market":"us","language":"en","title":"3 Reddit Stocks I'd Buy Right Now Without Any Hesitation","url":"https://stock-news.laohu8.com/highlight/detail?id=2143784913","media":"Motley Fool","summary":"I'm on the Reddit bandwagon for sure with these stocks.","content":"<p>The wisdom of crowds can sometimes turn into the mistakes of the masses. Just because a lot of people on Reddit or another online community like a stock doesn't necessarily mean it's a smart long-term pick.</p>\n<p>However, that doesn't mean at all that online groups don't have some good ideas that investors should check out. Here are three popular Reddit stocks that I'd buy right now without any hesitation.</p>\n<h2>Apple</h2>\n<p>A lot of Reddit users really like&nbsp;<b>Apple</b> (NASDAQ:AAPL). That's not surprising considering how popular Apple's products are and that it happens to be the biggest company in the world based on market cap. I've owned Apple for longer than any other stock in my personal investment portfolio. I still think the tech stock is a great pick to buy.</p>\n<p>Some of the stocks that online investors cheer are speculative, but not Apple. It's highly profitable. Sales continue to soar. The company sits atop a massive cash stockpile.</p>\n<p>High-speed 5G wireless networks are driving demand for Apple's newest iPhones. As more people buy iPhones, it creates bigger opportunities for the rest of the company's ecosystem, including apps, Airpods, and more.</p>\n<p>I think the long-term prospects for Apple also remain bright. The company's next big thing, according to CEO Tim Cook, is augmented reality (AR). Look for Apple to roll out new AR devices over the next few years that fuel continued growth.</p>\n<h2>Airbnb</h2>\n<p>Few, if any, companies have transformed the travel industry as much as <b>Airbnb</b> (NASDAQ:ABNB) has over the last decade. The company's initial public offering (IPO) ranked as the biggest last year. Even though the initial gains for the home-sharing stock have largely fizzled out, it makes sense that Reddit users still think highly of Airbnb.</p>\n<p>To be sure, the company faced some hefty challenges with the global pandemic. And Airbnb isn't totally out of the woods just yet with many parts of the world still dealing with large numbers of COVID-19 cases. The good news, though, is that the increased availability of vaccines has helped turn the tide in a major way in the U.S.</p>\n<p>Airbnb CEO Brian Chesky said in the company's Q1 update, \"We expect the return of urban and cross-border travel to be significant tailwinds over the coming quarters.\" I suspect this trend will translate to a solid rebound in Airbnb's share price.</p>\n<p>Over the longer term, the rise of remote work seems likely to boost demand for Airbnb's home-sharing services. My view is that we'll see a marked increase in profitability as the company scales up its business. Reddit users appear to be right on the money with Airbnb.</p>\n<h2>NVIDIA</h2>\n<p><b>NVIDIA</b> (NASDAQ:NVDA) stands out as another popular Reddit stock that I'm excited about. The company's graphics processing units (GPUs) remain the gold standard for gaming and data centers and have carved out a place in cryptocurrency mining as well.</p>\n<p>In just a month or so, NVIDIA will conduct a four-for-<a href=\"https://laohu8.com/S/AONE\">one</a> stock split. Granted, this won't change the real value of the company's underlying business <a href=\"https://laohu8.com/S/AONE.U\">one</a> bit. However, the lower share price could make the stock even more attractive to retail investors (which is what NVIDIA is counting on).</p>\n<p>The main reasons to buy NVIDIA stock right now relate to its business and not the stock split. New games require more processing power, which gives NVIDIA a perpetual upgrade cycle. It's a similar story with data centers, with increased use of artificial intelligence driving the demand for faster chips.</p>\n<p>NVIDIA has established itself as one of the leaders in developing a platform for self-driving cars. It's also launching Omniverse -- a platform for developers and engineers to create virtual worlds that can be used to simulate factories and other parts of the physical world and foster virtual collaboration. I think these two markets could potentially be explosive for NVIDIA over the next decade and beyond.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reddit Stocks I'd Buy Right Now Without Any Hesitation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reddit Stocks I'd Buy Right Now Without Any Hesitation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 22:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/14/3-reddit-stocks-id-buy-right-now-without-any-hesit/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The wisdom of crowds can sometimes turn into the mistakes of the masses. Just because a lot of people on Reddit or another online community like a stock doesn't necessarily mean it's a smart long-term...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/14/3-reddit-stocks-id-buy-right-now-without-any-hesit/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","ABNB":"爱彼迎","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/06/14/3-reddit-stocks-id-buy-right-now-without-any-hesit/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143784913","content_text":"The wisdom of crowds can sometimes turn into the mistakes of the masses. Just because a lot of people on Reddit or another online community like a stock doesn't necessarily mean it's a smart long-term pick.\nHowever, that doesn't mean at all that online groups don't have some good ideas that investors should check out. Here are three popular Reddit stocks that I'd buy right now without any hesitation.\nApple\nA lot of Reddit users really like Apple (NASDAQ:AAPL). That's not surprising considering how popular Apple's products are and that it happens to be the biggest company in the world based on market cap. I've owned Apple for longer than any other stock in my personal investment portfolio. I still think the tech stock is a great pick to buy.\nSome of the stocks that online investors cheer are speculative, but not Apple. It's highly profitable. Sales continue to soar. The company sits atop a massive cash stockpile.\nHigh-speed 5G wireless networks are driving demand for Apple's newest iPhones. As more people buy iPhones, it creates bigger opportunities for the rest of the company's ecosystem, including apps, Airpods, and more.\nI think the long-term prospects for Apple also remain bright. The company's next big thing, according to CEO Tim Cook, is augmented reality (AR). Look for Apple to roll out new AR devices over the next few years that fuel continued growth.\nAirbnb\nFew, if any, companies have transformed the travel industry as much as Airbnb (NASDAQ:ABNB) has over the last decade. The company's initial public offering (IPO) ranked as the biggest last year. Even though the initial gains for the home-sharing stock have largely fizzled out, it makes sense that Reddit users still think highly of Airbnb.\nTo be sure, the company faced some hefty challenges with the global pandemic. And Airbnb isn't totally out of the woods just yet with many parts of the world still dealing with large numbers of COVID-19 cases. The good news, though, is that the increased availability of vaccines has helped turn the tide in a major way in the U.S.\nAirbnb CEO Brian Chesky said in the company's Q1 update, \"We expect the return of urban and cross-border travel to be significant tailwinds over the coming quarters.\" I suspect this trend will translate to a solid rebound in Airbnb's share price.\nOver the longer term, the rise of remote work seems likely to boost demand for Airbnb's home-sharing services. My view is that we'll see a marked increase in profitability as the company scales up its business. Reddit users appear to be right on the money with Airbnb.\nNVIDIA\nNVIDIA (NASDAQ:NVDA) stands out as another popular Reddit stock that I'm excited about. The company's graphics processing units (GPUs) remain the gold standard for gaming and data centers and have carved out a place in cryptocurrency mining as well.\nIn just a month or so, NVIDIA will conduct a four-for-one stock split. Granted, this won't change the real value of the company's underlying business one bit. However, the lower share price could make the stock even more attractive to retail investors (which is what NVIDIA is counting on).\nThe main reasons to buy NVIDIA stock right now relate to its business and not the stock split. New games require more processing power, which gives NVIDIA a perpetual upgrade cycle. It's a similar story with data centers, with increased use of artificial intelligence driving the demand for faster chips.\nNVIDIA has established itself as one of the leaders in developing a platform for self-driving cars. It's also launching Omniverse -- a platform for developers and engineers to create virtual worlds that can be used to simulate factories and other parts of the physical world and foster virtual collaboration. I think these two markets could potentially be explosive for NVIDIA over the next decade and beyond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184182136,"gmtCreate":1623688892325,"gmtModify":1704208855897,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Good days are over","listText":"Good days are over","text":"Good days are over","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184182136","repostId":"2143738859","repostType":4,"repost":{"id":"2143738859","kind":"news","pubTimestamp":1623684317,"share":"https://ttm.financial/m/news/2143738859?lang=&edition=fundamental","pubTime":"2021-06-14 23:25","market":"us","language":"en","title":"Vaccine Stocks Slide After Novavax Shot Proves Highly Effective","url":"https://stock-news.laohu8.com/highlight/detail?id=2143738859","media":"Bloomberg","summary":"(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’","content":"<p>(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.</p>\n<p>Stocks tied to inoculations already cleared for emergency use fell in Monday’s trading, led by Moderna Inc.’s slide of as much as 9.5%. Pfizer Inc. fell 1.6% and the drugmaker’s German partner <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> dropped 6.1%. Even the consumer giant Johnson &amp; Johnson slipped 0.6%, slightly more than the S&amp;P 500 index as the broader market dropped back from Friday’s record highs.</p>\n<p>Novavax itself wasn’t immune from the downdraft it created, with the stock reversing a 9.5% gain on Monday to fall about 1%. The shot’s efficacy was better than Wall Street was expecting amid the spread of more resistant variants, and that’s raising the specter of new competition. Novavax now has “a viable alternative to mRNA vaccines,” like Pfizer and BioNTech or Moderna’s shots, an analyst at Jefferies said.</p>\n<p>But with Novavax up 91% so far this year and after a more than 2,700% leap in 2020, it wasn’t enough to further bolster shares. Biotech stocks often climb ahead of highly watched catalyst, only to give back gains even after a positive update.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vaccine Stocks Slide After Novavax Shot Proves Highly Effective</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVaccine Stocks Slide After Novavax Shot Proves Highly Effective\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.\nStocks tied to inoculations already ...</p>\n\n<a href=\"https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","BNTX":"BioNTech SE","NVAX":"诺瓦瓦克斯医药","PFE":"辉瑞"},"source_url":"https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143738859","content_text":"(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.\nStocks tied to inoculations already cleared for emergency use fell in Monday’s trading, led by Moderna Inc.’s slide of as much as 9.5%. Pfizer Inc. fell 1.6% and the drugmaker’s German partner BioNTech SE dropped 6.1%. Even the consumer giant Johnson & Johnson slipped 0.6%, slightly more than the S&P 500 index as the broader market dropped back from Friday’s record highs.\nNovavax itself wasn’t immune from the downdraft it created, with the stock reversing a 9.5% gain on Monday to fall about 1%. The shot’s efficacy was better than Wall Street was expecting amid the spread of more resistant variants, and that’s raising the specter of new competition. Novavax now has “a viable alternative to mRNA vaccines,” like Pfizer and BioNTech or Moderna’s shots, an analyst at Jefferies said.\nBut with Novavax up 91% so far this year and after a more than 2,700% leap in 2020, it wasn’t enough to further bolster shares. Biotech stocks often climb ahead of highly watched catalyst, only to give back gains even after a positive update.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184186595,"gmtCreate":1623688841117,"gmtModify":1704208854110,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Good day ahead","listText":"Good day ahead","text":"Good day ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184186595","repostId":"184183888","repostType":1,"repost":{"id":184183888,"gmtCreate":1623688685444,"gmtModify":1704208849736,"author":{"id":"3578904744979949","authorId":"3578904744979949","name":"JOker","avatar":"https://static.tigerbbs.com/14fc7a4056355e799834d789ecaada0f","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578904744979949","idStr":"3578904744979949"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Hold and buy!Do net sell!","listText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Hold and buy!Do net sell!","text":"$Clover Health Corp(CLOV)$Hold and buy!Do net sell!","images":[{"img":"https://static.tigerbbs.com/37a85438647508e035a0334c1e068f34","width":"1125","height":"3218"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184183888","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184183128,"gmtCreate":1623688684164,"gmtModify":1704208848603,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>&nbsp;Amazing run tonight","listText":"<a href=\"https://laohu8.com/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>&nbsp;Amazing run tonight","text":"$Riot Blockchain, Inc.(RIOT)$ Amazing run tonight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184183128","isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182859922,"gmtCreate":1623564211566,"gmtModify":1704206302467,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Good bet","listText":"Good bet","text":"Good bet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182859922","repostId":"182860097","repostType":1,"repost":{"id":182860097,"gmtCreate":1623563178419,"gmtModify":1704206276809,"author":{"id":"3568249995310975","authorId":"3568249995310975","name":"Zacksss","avatar":"https://static.tigerbbs.com/6aa07b9ba6b45ea64599bf3bf0e6250a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568249995310975","idStr":"3568249995310975"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>go tiger go","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>go tiger go","text":"$Tiger Brokers(TIGR)$go tiger go","images":[{"img":"https://static.tigerbbs.com/0baa327a27e812bbb12415fe77a967f9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182860097","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186862976,"gmtCreate":1623485393995,"gmtModify":1704204939017,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>taking some loss after holding for days","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>taking some loss after holding for days","text":"$AMC Entertainment(AMC)$taking some loss after holding for days","images":[{"img":"https://static.tigerbbs.com/ddf4f56e9ca3bf7d5292a5ff807d58d3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/186862976","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":183822742,"gmtCreate":1623323172386,"gmtModify":1704200866153,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"$1k is on the way&nbsp;","listText":"$1k is on the way&nbsp;","text":"$1k is on the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183822742","repostId":"1107871315","repostType":4,"repost":{"id":"1107871315","kind":"news","pubTimestamp":1623315689,"share":"https://ttm.financial/m/news/1107871315?lang=&edition=fundamental","pubTime":"2021-06-10 17:01","market":"hk","language":"en","title":"Can Alibaba Stock Hit $1,000? What's The Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1107871315","media":"seekingalpha","summary":"The \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.Alibaba has considerably more challenges on hand now than in early 2019 , yet the share price manages to be substantially higher.Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.Alibaba's P/E ratio would compress to a mere 11 ti","content":"<p><b>Summary</b></p>\n<ul>\n <li>The \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.</li>\n <li>Alibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher.</li>\n <li>Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.</li>\n <li>Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.</li>\n <li>An investment in Alibaba has several risk factors and I wish to highlight two key ones.</li>\n</ul>\n<p><b>BABA stock is on sale</b></p>\n<p>Like the millions of items on its platforms, Alibaba Group (BABA) is on sale. Unfortunately, for many shareholders, the \"promotional period\" has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this as it allows them to continue adding to their shares.</p>\n<p>Regardless, as a writer on numerousChinese internet stockswhose share prices have remained depressed for months and reading the harsh comments, it can get disheartening. As a shareholder in several of them myself, I understand the emotions going through the mind.</p>\n<p>At the same time, there have been many wise readers and fellow authors who provided sound advice that keeps me on the path. For instance, Gary Alexander recently wrote regarding thetech sell-off:</p>\n<blockquote>\n \"When the selloff in the tech sector has proven to be this indiscriminate (good and bad, cheap and expensive stocks are all being sold off at roughly the same pace), it's our job as diligent investors to be extremely discerning in the buying opportunities that have surfaced.\"\n</blockquote>\n<p>With BABA stock having given up all its gains in the past year, it's scant comfort to know the share price is still 58 percent higher than early 2019. Nevertheless, I am bringing this up because Alibaba was being shunned by investors then due to the headwinds from the U.S.-China trade war.</p>\n<p><img src=\"https://static.tigerbbs.com/e90c1a30b5b83eb51c67338eab37cb5e\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\"></p>\n<p>Now that the e-commerce and cloud giant has considerably more challenges on hand, yet the share price manages to be substantially higher. This provides a glimpse into the possible future where Alibaba Group Holding Limited overcome its immediate struggles and investors clamor for its shares again.</p>\n<p>That said, how do we justify that BABA stock is on sale? Well, let's look at the valuation. Both Alibaba Group and its U.S. peer Amazon.com (AMZN) have delivered solid revenue and earnings growth in the past years. The improvement in business fundamentals has led investors in both companies to think it would only get tougher to achieve returns expected of a growth stock, compressing their price-earnings multiples.</p>\n<p>Looking at the more representative enterprise value to free cash flow [EV/FCF] ratio, it becomes apparent that the market is valuing Alibaba much lower than Amazon. The EV/FCF is only 16 times for Alibaba and 72 times for Amazon.</p>\n<p><img src=\"https://static.tigerbbs.com/57bda237a374d7f6688c298b0fe9ae21\" tg-width=\"640\" tg-height=\"493\" referrerpolicy=\"no-referrer\"></p>\n<p>With a 3-year revenue CAGR and a 5-year revenue CAGR above 40 percent, it's hard to argue Alibaba Group is not a growth stock. Amazon only managed to deliver around 30 percent CAGR for both its 3-year and 5-year revenues. For the last reported quarter, Alibaba scored a 64 percent increase in revenue. Its forward revenue growth of 35.3 percent surpasses that of Amazon as well.</p>\n<table>\n <tbody>\n  <tr>\n   <td>BABA</td>\n   <td>AMZN</td>\n  </tr>\n  <tr>\n   <td>Revenue Growth [YoY]</td>\n   <td><p>40.7%</p></td>\n   <td><p>41.5%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue Growth [FWD]</td>\n   <td><p>35.3%</p></td>\n   <td><p>27.2%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue 3 Year [CAGR]</td>\n   <td><p>42.1%</p></td>\n   <td><p>29.5%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue 5 Year [CAGR]</td>\n   <td><p>48.0%</p></td>\n   <td><p>29.9%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Seeking Alpha Premium (data extracted on June 6, 2021)</i></p>\n<p>During times of uncertainty, it is imperative that companies have plenty of liquidity. Alibaba has loads of cash. Its EV to net cash is at a low 11.5 times compared to 36.6 times for Amazon. In other words, Alibaba has much more cash at its disposal relative to Amazon when we compare the enterprise values of the two companies. With the financial heft to withstand regulatory changes and geopolitical headwinds, it seems BABA shares are now at a bargain.</p>\n<p><b>Alibaba stock forecast</b></p>\n<p>The circumstances leading to the rough patch that Alibaba Group has found itself in are well-publicized. For the uninitiated, here are the key hurdles the company has faced:</p>\n<ul>\n <li>Theeleventh-hour suspensionof the IPO of Ant Group, its fintech arm;</li>\n <li>The\"disappearance\" of Jack Ma, the flamboyant founder of Alibaba Group;</li>\n <li>Antimonopoly investigation on its e-commerce practices and the subsequentpenalty meted out;</li>\n <li>Restructuring of Ant Group such that its finance lending unit isregulated like a bank, crimping its valuation.</li>\n</ul>\n<p>Considering the earlier mentioned formidable headwinds, it might seem ludicrous to think BABA stock can hit $1000 per share, more than quadruple the current price. Nevertheless, drawing a straightforward trend line price chart, BABA shares could reach $1000 sometime in the first quarter of 2027, if it crawls along with the support level.</p>\n<p><img src=\"https://static.tigerbbs.com/00dc7dd1ce5e1c05708abe460be89359\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Yahoo Finance (chart drawn by ALT Perspective)</i></p>\n<p>Do note that I am not factoring in any share consolidation in the interim. I am also not considering the scenario that Alibaba becomes a meme stock which is possible since Redditors tend to promote stocks that are \"hated\" by the market. I am assuming the adage that the stock market is a weighing machine, in the long run, will come to fruition for BABA.</p>\n<p>Is that thought farfetched? Just a couple of months back, I would answer a categorical no. However, as you will see from the chart, BABA's share price has dipped below the long-term support line. Some stocks have experienced such a chart pattern and managed to return above the support-turned-resistance line. It would not be easy but it has happened.</p>\n<p>Of course, the question here is whether $1000 per share is something foreseeable in the future. I say yes, provided the stock can regain its composure and get back up to the multi-year trend line in the next few months or so. If the stock drifts further south instead, the recovery back to the long-term support line would be too onerous, not to mention to get back on the track to $1000.</p>\n<p>The consensus one-year price target for BABA is at $295.60, 37 percent above the prevailing price. Even if the price target does not get revised upwards through the rest of the year, hitting near that level would bring the share price well above the $278 where the support line will be at the end of 2021. This means it isn't that difficult for Alibaba to return to its uptrend.</p>\n<p><img src=\"https://static.tigerbbs.com/6a8487c8f5276e6dd30d79d024833563\" tg-width=\"640\" tg-height=\"478\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Is Alibaba a good long-term stock?</b></p>\n<p>It is common nowadays to read media headlines and comments about fund managers \"dumping BABA stock\". Thus, it came as a surprise to me that Alibaba Group Holding was ranked fifth among \"50 stocks that matter the most to hedge funds,\" according to the Goldman Sachs'Hedge Fund VIP List.</p>\n<p>As many as 77 funds with 10 to 200 positions have Alibaba Group in their portfolios as of 31 March 2021, way higher than the median of 44 for the other stocks. Alibaba even found itself in the top 10 holdings in 35 funds. The average portfolio weight of BABA stock in these funds was 6 percent, the same weighting as Amazon and Visa Inc. (V). The percentage of equity cap of Alibaba owned by hedge funds was 2 percent, also the same as Amazon.</p>\n<p>Masayoshi Son, the CEO of SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF), recently commented that Alibaba is \"a great company, at a low price compared with its fundamentals.\" As SoftBank is a substantial shareholder of Alibaba, perhaps some readers are not convinced.</p>\n<p>However, Alibaba is becoming such a value stock that even \"Warren Buffett would love,\" according to a recent<i>Barron's</i>article. In a selection of high-scoring U.S. stocks from the Validea Buffett model, with market values above $10 billion, Alibaba Group was among the 10 finalists. Of particular note, it received a perfect score based on the Buffett model.</p>\n<p>What are we missing here? According to the consensus forecast, Alibaba is projected to double its earnings per share to nearly $20 in fiscal year ending March 2026, up from the $10.10 it reported in the fiscal year ending March 2021. Correspondingly, its P/E ratio would compress to a mere 11 times on a forward basis, if the share price stayed stagnant.</p>\n<p><img src=\"https://static.tigerbbs.com/3e98d8e98b1ce9bd2ec6a1275eb329f9\" tg-width=\"640\" tg-height=\"276\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p>If the share price does reach $1000, the P/E ratio would be more than 40 times. That would mean a rather rich valuation for Alibaba. However, we have to consider that the formidable headwinds facing the company have resulted in analysts churning out conservative numbers and price targets. As we can see from the following table, the EPS forecast is premised on the revenue growth steadily declining from the 5-year revenue CAGR of 48 percent to the low teens by 2026.</p>\n<p><img src=\"https://static.tigerbbs.com/7b2476ae016bd40d9b86476464121313\" tg-width=\"640\" tg-height=\"207\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p>When Alibaba Group continues to deliver steady revenue and earnings growth over the coming years, coupled with a potentialsustained change in narrative, the sentiment towards the stock could switch back to positive and we could once again see analysts revising their projections in reaction.</p>\n<p><b>Risk factors for Alibaba investors</b></p>\n<p>An investment in Alibaba has several risk factors and I wish to highlight two key ones. First, its ADR shares are listed through a Variable Interest Entity [VIE] structure. Some analysts haveraised the concernthat the Chinese government could one day declare the VIE void and the shares could become worthless overnight technically.</p>\n<p>Rationally though, it does not make sense for Beijing to disavow the VIE structure. Listing on the U.S. markets enables its companies to secure funding for business growth which would, in turn, boost the Chinese economy as well as create jobs.</p>\n<p>Second, the Holding Foreign Companies Accountable Act [HFCAA]signed into lawon 18 December 2020 could result in BABA ADRs delisted from U.S. stock exchanges if Alibaba is unable to fulfill the conditions as stipulated in the Act. The company CFO, Maggie Wu, has expressed her confidence that Alibaba cancomply withthe requirements of the HFCAA.</p>\n<p>Nevertheless, the U.S. government can issue amendments to the Act as it hasdone soin March. There is no certainty that Alibaba would be able to meet all future changes to the HFCAA. Investors have to take such risks into consideration.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Alibaba Stock Hit $1,000? What's The Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Alibaba Stock Hit $1,000? What's The Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 17:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.\nAlibaba has considerably more ...</p>\n\n<a href=\"https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1107871315","content_text":"Summary\n\nThe \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.\nAlibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher.\nDrawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.\nAlibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.\nAn investment in Alibaba has several risk factors and I wish to highlight two key ones.\n\nBABA stock is on sale\nLike the millions of items on its platforms, Alibaba Group (BABA) is on sale. Unfortunately, for many shareholders, the \"promotional period\" has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this as it allows them to continue adding to their shares.\nRegardless, as a writer on numerousChinese internet stockswhose share prices have remained depressed for months and reading the harsh comments, it can get disheartening. As a shareholder in several of them myself, I understand the emotions going through the mind.\nAt the same time, there have been many wise readers and fellow authors who provided sound advice that keeps me on the path. For instance, Gary Alexander recently wrote regarding thetech sell-off:\n\n \"When the selloff in the tech sector has proven to be this indiscriminate (good and bad, cheap and expensive stocks are all being sold off at roughly the same pace), it's our job as diligent investors to be extremely discerning in the buying opportunities that have surfaced.\"\n\nWith BABA stock having given up all its gains in the past year, it's scant comfort to know the share price is still 58 percent higher than early 2019. Nevertheless, I am bringing this up because Alibaba was being shunned by investors then due to the headwinds from the U.S.-China trade war.\n\nNow that the e-commerce and cloud giant has considerably more challenges on hand, yet the share price manages to be substantially higher. This provides a glimpse into the possible future where Alibaba Group Holding Limited overcome its immediate struggles and investors clamor for its shares again.\nThat said, how do we justify that BABA stock is on sale? Well, let's look at the valuation. Both Alibaba Group and its U.S. peer Amazon.com (AMZN) have delivered solid revenue and earnings growth in the past years. The improvement in business fundamentals has led investors in both companies to think it would only get tougher to achieve returns expected of a growth stock, compressing their price-earnings multiples.\nLooking at the more representative enterprise value to free cash flow [EV/FCF] ratio, it becomes apparent that the market is valuing Alibaba much lower than Amazon. The EV/FCF is only 16 times for Alibaba and 72 times for Amazon.\n\nWith a 3-year revenue CAGR and a 5-year revenue CAGR above 40 percent, it's hard to argue Alibaba Group is not a growth stock. Amazon only managed to deliver around 30 percent CAGR for both its 3-year and 5-year revenues. For the last reported quarter, Alibaba scored a 64 percent increase in revenue. Its forward revenue growth of 35.3 percent surpasses that of Amazon as well.\n\n\n\nBABA\nAMZN\n\n\nRevenue Growth [YoY]\n40.7%\n41.5%\n\n\nRevenue Growth [FWD]\n35.3%\n27.2%\n\n\nRevenue 3 Year [CAGR]\n42.1%\n29.5%\n\n\nRevenue 5 Year [CAGR]\n48.0%\n29.9%\n\n\n\nSource: Seeking Alpha Premium (data extracted on June 6, 2021)\nDuring times of uncertainty, it is imperative that companies have plenty of liquidity. Alibaba has loads of cash. Its EV to net cash is at a low 11.5 times compared to 36.6 times for Amazon. In other words, Alibaba has much more cash at its disposal relative to Amazon when we compare the enterprise values of the two companies. With the financial heft to withstand regulatory changes and geopolitical headwinds, it seems BABA shares are now at a bargain.\nAlibaba stock forecast\nThe circumstances leading to the rough patch that Alibaba Group has found itself in are well-publicized. For the uninitiated, here are the key hurdles the company has faced:\n\nTheeleventh-hour suspensionof the IPO of Ant Group, its fintech arm;\nThe\"disappearance\" of Jack Ma, the flamboyant founder of Alibaba Group;\nAntimonopoly investigation on its e-commerce practices and the subsequentpenalty meted out;\nRestructuring of Ant Group such that its finance lending unit isregulated like a bank, crimping its valuation.\n\nConsidering the earlier mentioned formidable headwinds, it might seem ludicrous to think BABA stock can hit $1000 per share, more than quadruple the current price. Nevertheless, drawing a straightforward trend line price chart, BABA shares could reach $1000 sometime in the first quarter of 2027, if it crawls along with the support level.\n\nSource: Yahoo Finance (chart drawn by ALT Perspective)\nDo note that I am not factoring in any share consolidation in the interim. I am also not considering the scenario that Alibaba becomes a meme stock which is possible since Redditors tend to promote stocks that are \"hated\" by the market. I am assuming the adage that the stock market is a weighing machine, in the long run, will come to fruition for BABA.\nIs that thought farfetched? Just a couple of months back, I would answer a categorical no. However, as you will see from the chart, BABA's share price has dipped below the long-term support line. Some stocks have experienced such a chart pattern and managed to return above the support-turned-resistance line. It would not be easy but it has happened.\nOf course, the question here is whether $1000 per share is something foreseeable in the future. I say yes, provided the stock can regain its composure and get back up to the multi-year trend line in the next few months or so. If the stock drifts further south instead, the recovery back to the long-term support line would be too onerous, not to mention to get back on the track to $1000.\nThe consensus one-year price target for BABA is at $295.60, 37 percent above the prevailing price. Even if the price target does not get revised upwards through the rest of the year, hitting near that level would bring the share price well above the $278 where the support line will be at the end of 2021. This means it isn't that difficult for Alibaba to return to its uptrend.\n\nIs Alibaba a good long-term stock?\nIt is common nowadays to read media headlines and comments about fund managers \"dumping BABA stock\". Thus, it came as a surprise to me that Alibaba Group Holding was ranked fifth among \"50 stocks that matter the most to hedge funds,\" according to the Goldman Sachs'Hedge Fund VIP List.\nAs many as 77 funds with 10 to 200 positions have Alibaba Group in their portfolios as of 31 March 2021, way higher than the median of 44 for the other stocks. Alibaba even found itself in the top 10 holdings in 35 funds. The average portfolio weight of BABA stock in these funds was 6 percent, the same weighting as Amazon and Visa Inc. (V). The percentage of equity cap of Alibaba owned by hedge funds was 2 percent, also the same as Amazon.\nMasayoshi Son, the CEO of SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF), recently commented that Alibaba is \"a great company, at a low price compared with its fundamentals.\" As SoftBank is a substantial shareholder of Alibaba, perhaps some readers are not convinced.\nHowever, Alibaba is becoming such a value stock that even \"Warren Buffett would love,\" according to a recentBarron'sarticle. In a selection of high-scoring U.S. stocks from the Validea Buffett model, with market values above $10 billion, Alibaba Group was among the 10 finalists. Of particular note, it received a perfect score based on the Buffett model.\nWhat are we missing here? According to the consensus forecast, Alibaba is projected to double its earnings per share to nearly $20 in fiscal year ending March 2026, up from the $10.10 it reported in the fiscal year ending March 2021. Correspondingly, its P/E ratio would compress to a mere 11 times on a forward basis, if the share price stayed stagnant.\n\nSource: Seeking Alpha Premium\nIf the share price does reach $1000, the P/E ratio would be more than 40 times. That would mean a rather rich valuation for Alibaba. However, we have to consider that the formidable headwinds facing the company have resulted in analysts churning out conservative numbers and price targets. As we can see from the following table, the EPS forecast is premised on the revenue growth steadily declining from the 5-year revenue CAGR of 48 percent to the low teens by 2026.\n\nSource: Seeking Alpha Premium\nWhen Alibaba Group continues to deliver steady revenue and earnings growth over the coming years, coupled with a potentialsustained change in narrative, the sentiment towards the stock could switch back to positive and we could once again see analysts revising their projections in reaction.\nRisk factors for Alibaba investors\nAn investment in Alibaba has several risk factors and I wish to highlight two key ones. First, its ADR shares are listed through a Variable Interest Entity [VIE] structure. Some analysts haveraised the concernthat the Chinese government could one day declare the VIE void and the shares could become worthless overnight technically.\nRationally though, it does not make sense for Beijing to disavow the VIE structure. Listing on the U.S. markets enables its companies to secure funding for business growth which would, in turn, boost the Chinese economy as well as create jobs.\nSecond, the Holding Foreign Companies Accountable Act [HFCAA]signed into lawon 18 December 2020 could result in BABA ADRs delisted from U.S. stock exchanges if Alibaba is unable to fulfill the conditions as stipulated in the Act. The company CFO, Maggie Wu, has expressed her confidence that Alibaba cancomply withthe requirements of the HFCAA.\nNevertheless, the U.S. government can issue amendments to the Act as it hasdone soin March. There is no certainty that Alibaba would be able to meet all future changes to the HFCAA. Investors have to take such risks into consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183828017,"gmtCreate":1623323046839,"gmtModify":1704200861619,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575263658083707","idStr":"3575263658083707"},"themes":[],"htmlText":"Let's see the outcome tonight","listText":"Let's see the outcome tonight","text":"Let's see the outcome tonight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183828017","repostId":"1156471121","repostType":4,"repost":{"id":"1156471121","kind":"news","pubTimestamp":1623319150,"share":"https://ttm.financial/m/news/1156471121?lang=&edition=fundamental","pubTime":"2021-06-10 17:59","market":"us","language":"en","title":"7 Movie Stocks Ready for the #AMCArmy’s Finale","url":"https://stock-news.laohu8.com/highlight/detail?id=1156471121","media":"InvestorPlace","summary":"These seven stocks are looking to rebound this summer as people return to seeing films in theaters.\n","content":"<blockquote>\n <b>These seven stocks are looking to rebound this summer as people return to seeing films in theaters.</b>\n</blockquote>\n<p>The epic rally in<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) stock has a lot of people fatigued. And like allmeme stock rallies, the latest one involving movie theatre chain AMC is likely to end in spectacular fashion. In one week, AMC stock rallied 157% higher, dropped 33% and then rose again by 25%.</p>\n<p>It’s been quite the rollercoaster. And what has driven the #AMCArmy of retail investors to push the share price sky high has been the fact that the world’s largest movie theatre chain was brought to theedge of bankruptcyby the Covid-19 pandemic. That, and the stock has been one of the most heavily shorted on Wall Street this year.</p>\n<p>But AMC’s problems are not unique. The entire movie industry, from production to exhibition, has beendevastated by the pandemicand many companies have struggled just like AMC.</p>\n<p>Here are seven movie stocks ready for the #AMCArmy finale.</p>\n<ul>\n <li><b>Cineplex</b>(OTCMKTS:<b><u>CPXGF</u></b>)</li>\n <li><b>Walt Disney</b>(NYSE:<b><u>DIS</u></b>)</li>\n <li><b>Lions Gate Entertainment</b>(NYSE:<b><u>LGF.A</u></b>)</li>\n <li><b>Netflix</b>(NASDAQ:<b><u>NFLX</u></b>)</li>\n <li><b>Cinemark Holdings</b>(NYSE:<b><u>CNK</u></b>)</li>\n <li><b>IMAX</b>(NYSE:<b><u>IMAX</u></b>)</li>\n <li><b>Marcus Corporation</b>(NYSE:<b><u>MCS</u></b>)</li>\n</ul>\n<p><b>Movie Stocks: Cineplex (CPXGF)</b><img src=\"https://static.tigerbbs.com/48b5992b0e1c313b454912d58ba0c08d\" tg-width=\"300\" tg-height=\"165\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>Toronto-based Cineplex, which operates more than 165 movie theatres across Canada, has been in business since Charlie Chaplin was making silent pictures. And, like AMC and other movie theatre chains, Cineplex has had a tough go of it during the pandemic.</p>\n<p>CPXGFstock is now tradingat $13.48 a share, about half the $25.41 it was at in February 2020 before Covid-19 landed. The share price had been as low as $3.30 a share last October after the company reported its quarterly revenue plunged 95%.</p>\n<p>In addition to having its theatres shuttered for nearly a year and reopened with capacity limits, Cineplex has had to cope with a litany of other problems. First, Britain’s Cineworld Group backed out of adeal to acquire Cineplexfor $2.18 billion, a deal that would have made the merged companies the biggest operator of movie theaters in North America. Then, the company’s stock was removed fromCanada’s benchmark stock index, the<b>S&amp;P/TSX Composite Index</b>, and it was forced to sell its its head office in Toronto for $57 million CAD ($47 million) in order to raise cash to pay down debt.</p>\n<p>At last check, Cineplex was negotiating toreceive relief from its creditorsas it eagerly awaits the start of the summer movie season.</p>\n<p><b>Walt Disney (DIS)</b><img src=\"https://static.tigerbbs.com/07f8afcac0c7c6dd3846e904c09efbf7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>DIS stock has had a great run over the past year, propped up by the meteoric rise of the company’s Disney+ streaming service. The Walt Disney streaming service that is home to popular film and television franchises such as Star Wars, Marvel superheroes and Pixar animation grew to103.6 million subscriberswithin 18 months of launching and kept the Mouse House afloat during the pandemic while its theme parks and cruise lines were closed.</p>\n<p>However, the shine has come off DIS stock recently over concerns that growth in the company’s streaming service will now begin to slow.</p>\n<p>However, asa diversified company, Walt Disney should perform well as its theme parks around the world reopen this summer, its cruises set sail again, and it begins developing new content for the Disney+ platform. And, the company hopes to keep its growth in streaming robust by bundling Disney+ with other content offerings that include the sports-related ESPN Plus platform and movies and TV shows offered through Hulu, both of which Disney owns. With so much diversification, it likely won’t be long before DIS stock recovers and tests new highs.</p>\n<p>DIS stock is currently at $176.81, down 13% from its 52-week high of $203.02 a share reached in March.</p>\n<p><b>Lions Gate Entertainment (LGF.A)</b><img src=\"https://static.tigerbbs.com/07033460d0624cdd53042a5aa7052595\" tg-width=\"300\" tg-height=\"199\" referrerpolicy=\"no-referrer\">Source: ©iStock.com/diego_cervo</p>\n<p>Lions Gate Entertainment is a producer of popular films and TV programs, including the<i>Hunger Games</i>,<i>John Wick</i>and<i>Saw</i>movie franchises and the Emmy Award-winning TV series<i>Mad Men</i>. The company that started life in Vancouver, British Columbia in 1997, Lions Gate is today headquartered in Santa Monica, California. Coming out of the pandemic, CEO Jon Feltheimer islooking to be acquiredby a larger studio.</p>\n<p>Investment bank<b>Loop Capital</b>has put a price target on Lions Gate of $8 billion and said any acquirer would get arich catalogueof content that also includes the<i>John Wick</i>and<i>Expendables</i>movie series, as well as TV shows such as<i>Nurse Jackie</i>,<i>Nashville</i>and<i>Weeds</i>. However, this isn’t the first time that Lions Gate hasput out a ‘for sale’ sign. The company held talks in 2018 with<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) and<b>Comcast</b>(NASDAQ:<b><u>CMCSA</u></b>)about a possible acquisition, though nothing ultimately came from the discussions.</p>\n<p>LGF.A stock has had a strong run, up 82% year-to-date to $20.21 a share.</p>\n<p><b>Netflix (NFLX)</b><img src=\"https://static.tigerbbs.com/55a3532d6172fc7628916587da288c86\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Riccosta / Shutterstock.com</p>\n<p>NFLX stock has beenunder pressurelately as fears grow that the boost the company received during the pandemic is over. Netflix’s most recent earnings results did nothing to ease the fears of Wall Street. The Silicon Valley-based streaming giant reported on April 20 that it added 3.98 million subscribers in the first quarter, missing Wall Street’s estimate of 6.29 million subscribers and its own forecast of 6 million.</p>\n<p>The current quarter looks even worse with Netflix forecasting only a million new customers worldwide, less than a quarter of the 4.44 million forecast by analysts.</p>\n<p>To be fair, Netflix is largely a victim of its own success. After adding more than20 million new subscriberslast year (2020), growth was bound to level off at some point. Today, Netflix has nearly 208 million subscribers worldwide. Netflix’s subscriber growth has also been hurt by a lack of new content as TV and movie productions were halted during the pandemic.</p>\n<p>The company hopes to release a glut of new content later this year and is targeting Asia, where subscriptions grew 65% last year, for continued growth.</p>\n<p>NFLX stock has fallen 11.6% since its last quarterly results release and now trades at $485.81 a share.</p>\n<p><b>Cinemark Holdings (CNK)</b><img src=\"https://static.tigerbbs.com/9e9adffdcac440f98a123a3874db0146\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: LukeandKarla.Travel/Shutterstock.com</p>\n<p>Another major U.S. movie theatre chain besides AMC is Plano, Texas-based Cinemark Holdings. Founded in 1961, Cinemark operates movie theatres under several brands, including Cinemark, Century Theatres and Tinseltown. The company is also global with operations as far afield as Taiwan and Brazil. At its current price of $23.21 a share,CNK stockis currently at about half the $40 a share it was trading at in the summer before the global pandemic.</p>\n<p>Cinemark Holdingsrevenue got hammeredover the past year as its theatres around the world were shut. Revenues for 2020 came in at $700 million, down 80% from $3.3 billion in 2019. Losses for last year came in at record $5.25 per share.</p>\n<p>Things are beginning to improve as Covid-19 vaccination rates accelerate and with aslate of blockbuster movieson deck for the coming summer months. However, currently the majority of Cinemark Holdings theatres are operating at 50% capacity as pandemic restrictions remain in place in most jurisdictions.</p>\n<p><b>IMAX (IMAX)</b><img src=\"https://static.tigerbbs.com/32ee2bd29b44f561b3e38ce1867198f8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: imageAllan / Shutterstock.com</p>\n<p>Canadian theatre company IMAX Corporation, which makes giant movie screens and the films that are shown on them, is another company that will be glad to see both the pandemic and the AMC stock rally end.</p>\n<p>Investment bank<b>Goldman Sachs</b>(NYSE:<b><u>GS</u></b>) recentlydowngraded IMAX stockto “sell” from “neutral” and lowered its 12-month price target on the shares to $18.60, which would be a 16% drop from the current share price of $22.04.</p>\n<p>Goldman forecasts that the U.S. box office will only recover to about three-quarters of its pre-pandemic levels, noting that movie theater attendance had been in decline before the pandemic. The bank also warned that a glut of new theatrical releases will lead new movies to cannibalize each other this summer.</p>\n<p>Despite the negative sentiment, IMAX remains hopeful. Pre-sales of the IMAX version of the upcoming<i>Fast &amp; Furious</i>film (the ninth in that series) recentlyset a record in China, one of IMAX’s biggest markets globally.</p>\n<p><b>Marcus Corp. (MCS)</b><img src=\"https://static.tigerbbs.com/8fdb7f52844c139b36c32ccbbcdfe167\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>Regional operator Marcus Corp. is the fourth-largest movie theatre operator in America. Its1,110 screensare primarily located in Wisconsin, Illinois, Iowa, Minnesota and Nebraska. The Milwaukee, Wisconsin-based company also owns 17 hotels and resorts in the Midwest, as well as California and Texas.</p>\n<p>The company’s first-quarter revenue came in at $50.8 million, 69% less than last year’s comparable revenue of $159.5 million.</p>\n<p>However, Marcus’ cash position remains strong, with the company reporting cash reserves of $213 million at the end ofthis year’ first quarter. Still, the pandemic has taken a toll on Marcus’ business and share price. MCS stock has traded as low as $6.84 and as high as $24.71 over the past year. The share price now stands at $22.57.</p>\n<p>In early May, Marcus reported thatnearly 90% of theatreshad reopened and that it was expanding its operating days and hours as new movies begin to be released theatrically.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Movie Stocks Ready for the #AMCArmy’s Finale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Movie Stocks Ready for the #AMCArmy’s Finale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 17:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/7-movie-stocks-ready-for-the-amcarmys-finale/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These seven stocks are looking to rebound this summer as people return to seeing films in theaters.\n\nThe epic rally inAMC Entertainment(NYSE:AMC) stock has a lot of people fatigued. And like allmeme ...</p>\n\n<a href=\"https://investorplace.com/2021/06/7-movie-stocks-ready-for-the-amcarmys-finale/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCS":"马库斯","DIS":"迪士尼","IMAX":"Imax Corp","CNK":"喜满客影城","NFLX":"奈飞","CPXGF":"Cineplex, Inc."},"source_url":"https://investorplace.com/2021/06/7-movie-stocks-ready-for-the-amcarmys-finale/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156471121","content_text":"These seven stocks are looking to rebound this summer as people return to seeing films in theaters.\n\nThe epic rally inAMC Entertainment(NYSE:AMC) stock has a lot of people fatigued. And like allmeme stock rallies, the latest one involving movie theatre chain AMC is likely to end in spectacular fashion. In one week, AMC stock rallied 157% higher, dropped 33% and then rose again by 25%.\nIt’s been quite the rollercoaster. And what has driven the #AMCArmy of retail investors to push the share price sky high has been the fact that the world’s largest movie theatre chain was brought to theedge of bankruptcyby the Covid-19 pandemic. That, and the stock has been one of the most heavily shorted on Wall Street this year.\nBut AMC’s problems are not unique. The entire movie industry, from production to exhibition, has beendevastated by the pandemicand many companies have struggled just like AMC.\nHere are seven movie stocks ready for the #AMCArmy finale.\n\nCineplex(OTCMKTS:CPXGF)\nWalt Disney(NYSE:DIS)\nLions Gate Entertainment(NYSE:LGF.A)\nNetflix(NASDAQ:NFLX)\nCinemark Holdings(NYSE:CNK)\nIMAX(NYSE:IMAX)\nMarcus Corporation(NYSE:MCS)\n\nMovie Stocks: Cineplex (CPXGF)Source: Shutterstock\nToronto-based Cineplex, which operates more than 165 movie theatres across Canada, has been in business since Charlie Chaplin was making silent pictures. And, like AMC and other movie theatre chains, Cineplex has had a tough go of it during the pandemic.\nCPXGFstock is now tradingat $13.48 a share, about half the $25.41 it was at in February 2020 before Covid-19 landed. The share price had been as low as $3.30 a share last October after the company reported its quarterly revenue plunged 95%.\nIn addition to having its theatres shuttered for nearly a year and reopened with capacity limits, Cineplex has had to cope with a litany of other problems. First, Britain’s Cineworld Group backed out of adeal to acquire Cineplexfor $2.18 billion, a deal that would have made the merged companies the biggest operator of movie theaters in North America. Then, the company’s stock was removed fromCanada’s benchmark stock index, theS&P/TSX Composite Index, and it was forced to sell its its head office in Toronto for $57 million CAD ($47 million) in order to raise cash to pay down debt.\nAt last check, Cineplex was negotiating toreceive relief from its creditorsas it eagerly awaits the start of the summer movie season.\nWalt Disney (DIS)Source: Shutterstock\nDIS stock has had a great run over the past year, propped up by the meteoric rise of the company’s Disney+ streaming service. The Walt Disney streaming service that is home to popular film and television franchises such as Star Wars, Marvel superheroes and Pixar animation grew to103.6 million subscriberswithin 18 months of launching and kept the Mouse House afloat during the pandemic while its theme parks and cruise lines were closed.\nHowever, the shine has come off DIS stock recently over concerns that growth in the company’s streaming service will now begin to slow.\nHowever, asa diversified company, Walt Disney should perform well as its theme parks around the world reopen this summer, its cruises set sail again, and it begins developing new content for the Disney+ platform. And, the company hopes to keep its growth in streaming robust by bundling Disney+ with other content offerings that include the sports-related ESPN Plus platform and movies and TV shows offered through Hulu, both of which Disney owns. With so much diversification, it likely won’t be long before DIS stock recovers and tests new highs.\nDIS stock is currently at $176.81, down 13% from its 52-week high of $203.02 a share reached in March.\nLions Gate Entertainment (LGF.A)Source: ©iStock.com/diego_cervo\nLions Gate Entertainment is a producer of popular films and TV programs, including theHunger Games,John WickandSawmovie franchises and the Emmy Award-winning TV seriesMad Men. The company that started life in Vancouver, British Columbia in 1997, Lions Gate is today headquartered in Santa Monica, California. Coming out of the pandemic, CEO Jon Feltheimer islooking to be acquiredby a larger studio.\nInvestment bankLoop Capitalhas put a price target on Lions Gate of $8 billion and said any acquirer would get arich catalogueof content that also includes theJohn WickandExpendablesmovie series, as well as TV shows such asNurse Jackie,NashvilleandWeeds. However, this isn’t the first time that Lions Gate hasput out a ‘for sale’ sign. The company held talks in 2018 withAmazon(NASDAQ:AMZN) andComcast(NASDAQ:CMCSA)about a possible acquisition, though nothing ultimately came from the discussions.\nLGF.A stock has had a strong run, up 82% year-to-date to $20.21 a share.\nNetflix (NFLX)Source: Riccosta / Shutterstock.com\nNFLX stock has beenunder pressurelately as fears grow that the boost the company received during the pandemic is over. Netflix’s most recent earnings results did nothing to ease the fears of Wall Street. The Silicon Valley-based streaming giant reported on April 20 that it added 3.98 million subscribers in the first quarter, missing Wall Street’s estimate of 6.29 million subscribers and its own forecast of 6 million.\nThe current quarter looks even worse with Netflix forecasting only a million new customers worldwide, less than a quarter of the 4.44 million forecast by analysts.\nTo be fair, Netflix is largely a victim of its own success. After adding more than20 million new subscriberslast year (2020), growth was bound to level off at some point. Today, Netflix has nearly 208 million subscribers worldwide. Netflix’s subscriber growth has also been hurt by a lack of new content as TV and movie productions were halted during the pandemic.\nThe company hopes to release a glut of new content later this year and is targeting Asia, where subscriptions grew 65% last year, for continued growth.\nNFLX stock has fallen 11.6% since its last quarterly results release and now trades at $485.81 a share.\nCinemark Holdings (CNK)Source: LukeandKarla.Travel/Shutterstock.com\nAnother major U.S. movie theatre chain besides AMC is Plano, Texas-based Cinemark Holdings. Founded in 1961, Cinemark operates movie theatres under several brands, including Cinemark, Century Theatres and Tinseltown. The company is also global with operations as far afield as Taiwan and Brazil. At its current price of $23.21 a share,CNK stockis currently at about half the $40 a share it was trading at in the summer before the global pandemic.\nCinemark Holdingsrevenue got hammeredover the past year as its theatres around the world were shut. Revenues for 2020 came in at $700 million, down 80% from $3.3 billion in 2019. Losses for last year came in at record $5.25 per share.\nThings are beginning to improve as Covid-19 vaccination rates accelerate and with aslate of blockbuster movieson deck for the coming summer months. However, currently the majority of Cinemark Holdings theatres are operating at 50% capacity as pandemic restrictions remain in place in most jurisdictions.\nIMAX (IMAX)Source: imageAllan / Shutterstock.com\nCanadian theatre company IMAX Corporation, which makes giant movie screens and the films that are shown on them, is another company that will be glad to see both the pandemic and the AMC stock rally end.\nInvestment bankGoldman Sachs(NYSE:GS) recentlydowngraded IMAX stockto “sell” from “neutral” and lowered its 12-month price target on the shares to $18.60, which would be a 16% drop from the current share price of $22.04.\nGoldman forecasts that the U.S. box office will only recover to about three-quarters of its pre-pandemic levels, noting that movie theater attendance had been in decline before the pandemic. The bank also warned that a glut of new theatrical releases will lead new movies to cannibalize each other this summer.\nDespite the negative sentiment, IMAX remains hopeful. Pre-sales of the IMAX version of the upcomingFast & Furiousfilm (the ninth in that series) recentlyset a record in China, one of IMAX’s biggest markets globally.\nMarcus Corp. (MCS)Source: Shutterstock\nRegional operator Marcus Corp. is the fourth-largest movie theatre operator in America. Its1,110 screensare primarily located in Wisconsin, Illinois, Iowa, Minnesota and Nebraska. The Milwaukee, Wisconsin-based company also owns 17 hotels and resorts in the Midwest, as well as California and Texas.\nThe company’s first-quarter revenue came in at $50.8 million, 69% less than last year’s comparable revenue of $159.5 million.\nHowever, Marcus’ cash position remains strong, with the company reporting cash reserves of $213 million at the end ofthis year’ first quarter. Still, the pandemic has taken a toll on Marcus’ business and share price. MCS stock has traded as low as $6.84 and as high as $24.71 over the past year. The share price now stands at $22.57.\nIn early May, Marcus reported thatnearly 90% of theatreshad reopened and that it was expanding its operating days and hours as new movies begin to be released theatrically.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578111079453218","authorId":"3578111079453218","name":"jeff123","avatar":"https://static.tigerbbs.com/d2c71145c4a9a4565a59fc5476086738","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3578111079453218","idStr":"3578111079453218"},"content":"Waiting impatiently [Miser], [Miser]","text":"Waiting impatiently [Miser], [Miser]","html":"Waiting impatiently [Miser], [Miser]"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":155367754,"gmtCreate":1625377729878,"gmtModify":1703741043598,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Tide turning soon","listText":"Tide turning soon","text":"Tide turning soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/155367754","repostId":"1165340887","repostType":4,"repost":{"id":"1165340887","kind":"news","pubTimestamp":1625257396,"share":"https://ttm.financial/m/news/1165340887?lang=&edition=fundamental","pubTime":"2021-07-03 04:23","market":"us","language":"en","title":"U.S. stocks sweep to fresh highs after strong jobs report","url":"https://stock-news.laohu8.com/highlight/detail?id=1165340887","media":"yahoo","summary":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Sh","content":"<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.</p>\n<p>The S&amp;P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.</p>\n<p>Investorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.</p>\n<p>\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"</p>\n<p>Heading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.</p>\n<p>\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"</p>\n<p>Friday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.</p>\n<p>“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"</p>\n<p>Still, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.</p>\n<p>\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"</p>\n<p>Even with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.</p>\n<p>“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.</p>\n<p>4:01 p.m. ET: Stocks close higher, S&amp;P 500 posts longest winning streak since August 2020</p>\n<p>Here's where markets closed out on Friday:</p>\n<ul>\n <li><p><b>S&amp;P 500 (^GSPC)</b>: +32.51 (+0.75%) to 4,352.45</p></li>\n <li><p><b>Dow (^DJI)</b>: +154.4 (+0.45%) to 34,787.93</p></li>\n <li><p><b>Nasdaq (^IXIC)</b>: +116.95 (+0.81%) to 14,639.33</p></li>\n</ul>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks sweep to fresh highs after strong jobs report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks sweep to fresh highs after strong jobs report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 04:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165340887","content_text":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.\nInvestorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.\n\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"\nHeading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.\n\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"\nFriday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.\n“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"\nStill, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.\n\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"\nEven with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.\n“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.\n4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020\nHere's where markets closed out on Friday:\n\nS&P 500 (^GSPC): +32.51 (+0.75%) to 4,352.45\nDow (^DJI): +154.4 (+0.45%) to 34,787.93\nNasdaq (^IXIC): +116.95 (+0.81%) to 14,639.33","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124952944,"gmtCreate":1624722832188,"gmtModify":1703844132790,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>&nbsp;looking for a green sign&nbsp;next week","listText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>&nbsp;looking for a green sign&nbsp;next week","text":"$Torchlight Energy Resources(TRCH)$ looking for a green sign next week","images":[{"img":"https://static.tigerbbs.com/dfbdf20f45cfebdba36ac5c0a28c4417","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124952944","isVote":1,"tweetType":1,"viewCount":1162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":183828017,"gmtCreate":1623323046839,"gmtModify":1704200861619,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Let's see the outcome tonight","listText":"Let's see the outcome tonight","text":"Let's see the outcome tonight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183828017","repostId":"1156471121","repostType":4,"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578111079453218","authorId":"3578111079453218","name":"jeff123","avatar":"https://static.tigerbbs.com/d2c71145c4a9a4565a59fc5476086738","crmLevel":4,"crmLevelSwitch":0,"idStr":"3578111079453218","authorIdStr":"3578111079453218"},"content":"Waiting impatiently [Miser], [Miser]","text":"Waiting impatiently [Miser], [Miser]","html":"Waiting impatiently [Miser], [Miser]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146809074,"gmtCreate":1626063041498,"gmtModify":1703752626117,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Up n up.&nbsp;","listText":"Up n up.&nbsp;","text":"Up n up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/146809074","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129182533,"gmtCreate":1624365240022,"gmtModify":1703834451706,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;hope The Tiger wake up today!&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;hope The Tiger wake up today!&nbsp;","text":"$Tiger Brokers(TIGR)$ hope The Tiger wake up today!","images":[{"img":"https://static.tigerbbs.com/1003e0c77c86e7c063601d72cc8662c3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129182533","isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117737809,"gmtCreate":1623160382901,"gmtModify":1704197364442,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/117737809","repostId":"1154765176","repostType":4,"repost":{"id":"1154765176","kind":"news","pubTimestamp":1623145510,"share":"https://ttm.financial/m/news/1154765176?lang=&edition=fundamental","pubTime":"2021-06-08 17:45","market":"us","language":"en","title":"Amazon Stock: Has It Produced The Most Alpha In Big Tech?","url":"https://stock-news.laohu8.com/highlight/detail?id=1154765176","media":"The Street","summary":"A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha?The Amazon Maven faces off six mega-cap stocks.A few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock  -Get Report since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.But has AMZN shares created the m","content":"<blockquote><b>A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.</b></blockquote><p>A&nbsp;few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock&nbsp;(<b>AMZN</b>) -Get Report&nbsp;since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.</p><p>But has AMZN shares created the most alpha within the mega-cap tech universe? Could investors have done much better by betting on names like Apple&nbsp;(<b>AAPL</b>) or Microsoft&nbsp;(<b>MSFT</b>) instead?</p><p><b>What is alpha?</b></p><p>First, it helps to look closer at the concept of alpha. Generally, alpha is thought to be the returns that an investor can earn in excess of a benchmark. In other words: how much has a stock or portfolio risen relative to the S&amp;P 500 or the Nasdaq? Investopediasummarizesas follows:</p><blockquote>Alpha (α) is a term used in investing to describe an investment strategy's ability to beat the market, or its ‘edge’. Alpha is also referred to as ‘excess return’ or ‘abnormal rate of return’.</blockquote><p>To me, this is a good start. But alpha should also consider one crucial factor: risk.</p><p>Beating the S&amp;P 500 might simply mean higher sensitivity to market forces (i.e. beta). So, the better question is: how much return can a stock produce<b><i>relative to risk</i></b>. I believe that this is a more complete view of alpha.</p><p><b>Amazon stock vs. the rest</b></p><p>Considering absolute returns only, Amazon stock ranks remarkably high within Big Tech for historical share price performance. The chart below shows that, over the past 10 years, AMZN has only lagged Tesla (TSLA) in annualized gains.</p><p><img src=\"https://static.tigerbbs.com/8474b2c893b04f99bbc62cbf3aaa9bec\" tg-width=\"683\" tg-height=\"409\" referrerpolicy=\"no-referrer\">Now, let me introduce risk to the equation. Risk is often defined (maybe too simplistically) as volatility. The more a stock rises and falls from minute to minute, or day to day, or week to week, the riskier it is.</p><p>So, one way to assess a stock’s returns relative to risk, thus giving us a better idea of its alpha potential, is to divide annualized returns by annualized volatility. By this methodology, Amazon stock loses its silver medal to Microsoft.</p><p><img src=\"https://static.tigerbbs.com/760869278d2e71f120fe4f1fc108de5a\" tg-width=\"680\" tg-height=\"405\" referrerpolicy=\"no-referrer\">One takeaway here is that, over the past decade, Amazon has achieved higher returns than any other FAAMG stock, but not without exposing investors to more volatility. If history repeats, investors should expect high returns to come alongside relatively sharper ups and downs as well.</p><p>Another way to think about risk, one that I have favored recently, is to think about sizable losses. A good question to ask would be: how much has a stock produced in average annual returns relative to its worst trailing 12-month (TTM) performance?</p><p>Using this methodology, not only does Amazon stock lose its silver medal, but it also drops out of the podium altogether. See chart below, and notice that Facebook has also performed better than Amazon in the past ten years in loss-adjusted terms.</p><p><img src=\"https://static.tigerbbs.com/affd59dcb14135f4a2cc892ad143ec26\" tg-width=\"683\" tg-height=\"405\" referrerpolicy=\"no-referrer\">Figure 4: Ratio: Annualized return vs. Worst TTM return.</p><p>DM Martins Research</p><p>Amazon, in fact, has one of the worst track records within Big Tech when it comes to sharp losses. By November 2008, AMZN had seen 57% of its value evaporate over the previous year. Only Alphabet, around the same time, performed any worse than this.</p><p><b>The key takeaways for investors</b></p><p>Having said the above, I think that Amazon investors can learn a few lessons from this historical price action analysis:</p><ul><li>Amazon has been a high-performing name, both since the IPO and over the past decade. In absolute terms, it is hard to find many stocks that have consistently delivered outsized returns.</li><li>Once risk is introduced to the discussion, Amazon stock’s performance goes from “outstanding” to a less exhilarating “solid”. Peers like Tesla, Microsoft and even Facebook seem to have been better alpha producers. In the 10 years that preceded the pandemic, in fact, Amazon’s volatility-adjusted returns were about the same as the S&amp;P 500’s.</li><li>AMZN investors should understand that the stock could continue to produce outsized gains, but also endure higher volatility and sharper losses, as it has in the last decade or more.</li><li>As always, past performance is not a guarantee of future results. Use history as a rough guide to set expectations, but understand that share price behavior can be quite different going forward.</li></ul><p><b>Twitter speaks</b></p><p>Pop quiz: relative to volatility (that is, in risk-adjusted terms), which of the following mega-cap tech stock has delivered the best returns in the past 10 year? Leave your vote below and follow The Amazon Maven on Twitter!</p><p><img src=\"https://static.tigerbbs.com/e679074ff1db7d9f81416239eecca1dd\" tg-width=\"584\" tg-height=\"448\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock: Has It Produced The Most Alpha In Big Tech?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock: Has It Produced The Most Alpha In Big Tech?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.A few ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/amazon-stock-has-it-produced-the-most-alpha-in-big-tech","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154765176","content_text":"A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha? The Amazon Maven faces off six mega-cap stocks.A few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock (AMZN) -Get Report since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.But has AMZN shares created the most alpha within the mega-cap tech universe? Could investors have done much better by betting on names like Apple (AAPL) or Microsoft (MSFT) instead?What is alpha?First, it helps to look closer at the concept of alpha. Generally, alpha is thought to be the returns that an investor can earn in excess of a benchmark. In other words: how much has a stock or portfolio risen relative to the S&P 500 or the Nasdaq? Investopediasummarizesas follows:Alpha (α) is a term used in investing to describe an investment strategy's ability to beat the market, or its ‘edge’. Alpha is also referred to as ‘excess return’ or ‘abnormal rate of return’.To me, this is a good start. But alpha should also consider one crucial factor: risk.Beating the S&P 500 might simply mean higher sensitivity to market forces (i.e. beta). So, the better question is: how much return can a stock producerelative to risk. I believe that this is a more complete view of alpha.Amazon stock vs. the restConsidering absolute returns only, Amazon stock ranks remarkably high within Big Tech for historical share price performance. The chart below shows that, over the past 10 years, AMZN has only lagged Tesla (TSLA) in annualized gains.Now, let me introduce risk to the equation. Risk is often defined (maybe too simplistically) as volatility. The more a stock rises and falls from minute to minute, or day to day, or week to week, the riskier it is.So, one way to assess a stock’s returns relative to risk, thus giving us a better idea of its alpha potential, is to divide annualized returns by annualized volatility. By this methodology, Amazon stock loses its silver medal to Microsoft.One takeaway here is that, over the past decade, Amazon has achieved higher returns than any other FAAMG stock, but not without exposing investors to more volatility. If history repeats, investors should expect high returns to come alongside relatively sharper ups and downs as well.Another way to think about risk, one that I have favored recently, is to think about sizable losses. A good question to ask would be: how much has a stock produced in average annual returns relative to its worst trailing 12-month (TTM) performance?Using this methodology, not only does Amazon stock lose its silver medal, but it also drops out of the podium altogether. See chart below, and notice that Facebook has also performed better than Amazon in the past ten years in loss-adjusted terms.Figure 4: Ratio: Annualized return vs. Worst TTM return.DM Martins ResearchAmazon, in fact, has one of the worst track records within Big Tech when it comes to sharp losses. By November 2008, AMZN had seen 57% of its value evaporate over the previous year. Only Alphabet, around the same time, performed any worse than this.The key takeaways for investorsHaving said the above, I think that Amazon investors can learn a few lessons from this historical price action analysis:Amazon has been a high-performing name, both since the IPO and over the past decade. In absolute terms, it is hard to find many stocks that have consistently delivered outsized returns.Once risk is introduced to the discussion, Amazon stock’s performance goes from “outstanding” to a less exhilarating “solid”. Peers like Tesla, Microsoft and even Facebook seem to have been better alpha producers. In the 10 years that preceded the pandemic, in fact, Amazon’s volatility-adjusted returns were about the same as the S&P 500’s.AMZN investors should understand that the stock could continue to produce outsized gains, but also endure higher volatility and sharper losses, as it has in the last decade or more.As always, past performance is not a guarantee of future results. Use history as a rough guide to set expectations, but understand that share price behavior can be quite different going forward.Twitter speaksPop quiz: relative to volatility (that is, in risk-adjusted terms), which of the following mega-cap tech stock has delivered the best returns in the past 10 year? Leave your vote below and follow The Amazon Maven on Twitter!","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176365878,"gmtCreate":1626863820394,"gmtModify":1703479492998,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Time will tell","listText":"Time will tell","text":"Time will tell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176365878","repostId":"1107219983","repostType":4,"repost":{"id":"1107219983","kind":"news","pubTimestamp":1626858926,"share":"https://ttm.financial/m/news/1107219983?lang=&edition=fundamental","pubTime":"2021-07-21 17:15","market":"us","language":"en","title":"Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600","url":"https://stock-news.laohu8.com/highlight/detail?id=1107219983","media":"zerohedge","summary":"Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head glob","content":"<p>Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as if the global economy is entering late cycle,<b>our research suggests the recovery is still in early-cycle</b>and gradually transitioning towards mid-cycle.\" And echoing his JPM colleague and fellow Croat, Marko Kolanovic, who yesterdayadvised clients to stop freaking out about the delta variant(advise which markets are taking to heart today), Dubravko writes that the largest commercial bank remains \"constructive on equities and see the latest round of growth and slowdown fears premature and overblown.\"</p>\n<p><img src=\"https://static.tigerbbs.com/52b0923c42b8b316b85e56a776fa3337\" tg-width=\"1132\" tg-height=\"1215\" width=\"100%\" height=\"auto\">Elaborating on why he is sanguine about the current Delta case breakout, Lakos-Bujas writes that \"we remain of the view that this latest wave will not derail the broader reopening process. While cases have gone up, deaths / hospitalizations remain low and stable due to broadening vaccination rollout and self-immunity from prior waves.\"</p>\n<p><img src=\"https://static.tigerbbs.com/d396ca943f750f3a3bcb38e01a53cbdf\" tg-width=\"772\" tg-height=\"546\" width=\"100%\" height=\"auto\">The strategist then argues that \"reopening of the economy is not an event but rather a process, which in our opinion is still not priced-in, and especially not now given recent market moves. For instance, an increasing number of reopening stocks are now down 30-50% from 1Q21 highs (i.e. travel, cruise lines, oil) and some have reversed back to last year June levels when COVID-19 uncertainty and economic setup were vastly worse than today.\"</p>\n<p>Given the above, JPM sees \"increasingly compelling\" risk/reward for the reopening theme, which can be expressed through Consumer Recovery (JPAMCONR &lt;Index&gt;), Domestic Recovery (JPAMCRDB &lt;Index&gt;) and International Recovery (JPAMCRIB &lt;Index&gt;) baskets, see Fig 1.\" Additionally, JPm argues that global mobility remains nascent and its normalization will continue to release pent-up demand, while tight inventories and new orders bode positively for global growth.</p>\n<p><img src=\"https://static.tigerbbs.com/dc9c52172685e208ffe19abe53233205\" tg-width=\"958\" tg-height=\"959\" width=\"100%\" height=\"auto\">Combining all this bullishness,<b>the JPM equity strategist is revising his EPS estimates higher by an additional $5 to $205 for 2021 and raises the bank's long-held 2021 year-end price target of 4,400 to 4,600, due to the following considerations:</b></p>\n<blockquote>\n At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort. Consumer Discretionary (i.e. Retail, Travel &amp; Leisure), Semis, Banks and Energy are strong buys at current levels. For instance,\n <b>large-cap Energy is now trading at a ~10% FCF yield and a &gt;8% FCF/EV yield at $70 Brent in 2022, with leverage that is &lt;1x</b>. The sector has increasing potential for a sharp short squeeze and move higher, given its extreme disconnect from oil fundamentals (i.e. widest in 30+ years, Figure 10). In addition, our Semiconductor research argues that we are only 30-40% of the way into&nbsp; the current semiconductor upcycle and expect strong Y/Y growth into next year with positive EPS revisions for the next 3-4 quarters. Supply will likely remain tight into 2022, while demand remains strong (20-40% above companies’ ability to supply), thus this supply demand imbalance will persist through 2021. Although customers are responding to tight supply with higher than needed orders, ongoing supply tightness is limiting fulfillment. In fact, JPM expects channel and customer inventories to decline Q/Q again in the just completed June quarter.\n</blockquote>\n<p>Looking at the fundamentals, JPM predicts that S&amp;P 500 gains should also be supported by strong earnings growth and capital return until 2023,<b>and is why JPM is adjusting its above consensus S&amp;P 500 EPS by another $5 for 2022 to $230 (consensus $214) and 2023 to $250 (consensus $233).</b></p>\n<blockquote>\n This revision is largely due to global reopening which is delayed and bound to release further pent-up demand, inventory replenishment, rising profitability for Energy companies, and ongoing policy actions (childcare, infrastructure, etc). We expect cumulative revenue growth of ~30% by 2023 relative to pre-COVID (FY 2019), ~150bp net income margin expansion to a record high at over 13%, and gross buybacks nearing an annual pace of ~$1t during this period.\n</blockquote>\n<p>While all sectors are expected to contribute to earnings growth, JPM expects reflation sensitive sectors (Commodities, Financials, Industrials) and Consumer to do the heaviest lifting in the coming quarters in terms of beats and revisions.</p>\n<p>Putting it all together, Lakos-Bujas says that \"<b>considering this outlook for earnings and shareholder return, we are raising our Price Target to 4,600 for year-end 2021.\"</b></p>\n<p>But while any first year strategist can goalseek a fundamentally bullish narrative and chart it, as JPM has done below...</p>\n<p><img src=\"https://static.tigerbbs.com/41e87174356d968c69893caff66745e0\" tg-width=\"1072\" tg-height=\"1304\" width=\"100%\" height=\"auto\">... there is a very specific reason behind JPM's bullish reversal:<b>the coming surge in buybacks which will result in a boom in shareholder returns,</b>or as Dubravko notes, \"corporates have already increased gross buybacks from pandemic era low of $525b (trailing twelve months as of 1Q21) to an annualized run rate of ~$775b YTD and should surpass previous record of ~$850b (as of 1Q19).\"</p>\n<p><img src=\"https://static.tigerbbs.com/3b09d295af263e87277eaffbda47bb7c\" tg-width=\"1076\" tg-height=\"435\" width=\"100%\" height=\"auto\">In practical terms, JPM expects a sharp drop in the S&amp;P's share count in the next 24 months as the buyback-facilitated slow-motion LBO continues.</p>\n<p><img src=\"https://static.tigerbbs.com/ae94ad29f188e3aac5cdf92b9df65fc3\" tg-width=\"1048\" tg-height=\"396\" width=\"100%\" height=\"auto\">Some more details below on the one biggest catalyst behind JPM's SPX price target hike:</p>\n<blockquote>\n <b>Expecting a boom in shareholder return led by buybacks.</b>Buybacks are reemerging as a key theme with net buyback activity significantly improving this year after bottoming in 2Q20. Corporate buyback announcements, typically a leading indicator of buyback execution activity and corporate confidence, have already well-exceeded 2020 levels ($431B YTD vs. $307B 2020, see Figure 25). In fact,\n <b>the rebound in announcement activity is similar to the surge post-TCJA (see Figure 23) which is tracking towards and it is likely to easily surpass ~$650B by year-end and likely to see rolling 12-month announcements surpass prior record level of ~$1T.</b>Historically, buyback announcements have been concentrated within Technology and Financials. However, YTD we are seeing strong announcement activity from Communications as well (driven by GOOGL ~$50B in Apr). As a reminder, ~$90B of Tech’s $133B in announcements YTD is supported by AAPL and ~$25B of Financials' ~$92B is supported by BAC.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/774d4e9c2550b27c62d10733947c8de4\" tg-width=\"1077\" tg-height=\"384\" width=\"100%\" height=\"auto\">With the June 30th lifting of pandemic era restriction on US Banks,<b>we could see some further pick-up in buyback announcements.</b>Dry powder (i.e. announced repurchase programs not yet executed) levels have been recovering to pre-pandemic levels (~$658B, see Figure 27) as executions have been relatively slower to rebound but should show a material sequential growth in the coming quarters. With record profit margins (~13% in 2022 vs ~11.5% in 2019), bloated cash levels of $2.0T ex-financials (vs. $1.6T pre- COVID), and lower high grade debt yields (JULI at 2.6% now, vs 3.3% prepandemic),<b>we are expecting a boom in buyback activity over the next year.</b>Gross buybacks should surpass the prior executed high of $850b.</p>\n<p><img src=\"https://static.tigerbbs.com/053354e7e2fc9ea74585b437e0d77f78\" tg-width=\"1076\" tg-height=\"415\" width=\"100%\" height=\"auto\">In summary,<i>assuming $875b in buybacks and dividend income of $575 over the next year,</i>JPM calculates that<b>the expected shareholder yield is 3.9%.</b>This, as Dubravko concludes, \"is a significant cross-asset valuation support for equities at a time when 10yr US bonds are yielding 1.2% and $13 trillion of global debt has a negative yield.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107219983","content_text":"Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as if the global economy is entering late cycle,our research suggests the recovery is still in early-cycleand gradually transitioning towards mid-cycle.\" And echoing his JPM colleague and fellow Croat, Marko Kolanovic, who yesterdayadvised clients to stop freaking out about the delta variant(advise which markets are taking to heart today), Dubravko writes that the largest commercial bank remains \"constructive on equities and see the latest round of growth and slowdown fears premature and overblown.\"\nElaborating on why he is sanguine about the current Delta case breakout, Lakos-Bujas writes that \"we remain of the view that this latest wave will not derail the broader reopening process. While cases have gone up, deaths / hospitalizations remain low and stable due to broadening vaccination rollout and self-immunity from prior waves.\"\nThe strategist then argues that \"reopening of the economy is not an event but rather a process, which in our opinion is still not priced-in, and especially not now given recent market moves. For instance, an increasing number of reopening stocks are now down 30-50% from 1Q21 highs (i.e. travel, cruise lines, oil) and some have reversed back to last year June levels when COVID-19 uncertainty and economic setup were vastly worse than today.\"\nGiven the above, JPM sees \"increasingly compelling\" risk/reward for the reopening theme, which can be expressed through Consumer Recovery (JPAMCONR <Index>), Domestic Recovery (JPAMCRDB <Index>) and International Recovery (JPAMCRIB <Index>) baskets, see Fig 1.\" Additionally, JPm argues that global mobility remains nascent and its normalization will continue to release pent-up demand, while tight inventories and new orders bode positively for global growth.\nCombining all this bullishness,the JPM equity strategist is revising his EPS estimates higher by an additional $5 to $205 for 2021 and raises the bank's long-held 2021 year-end price target of 4,400 to 4,600, due to the following considerations:\n\n At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort. Consumer Discretionary (i.e. Retail, Travel & Leisure), Semis, Banks and Energy are strong buys at current levels. For instance,\n large-cap Energy is now trading at a ~10% FCF yield and a >8% FCF/EV yield at $70 Brent in 2022, with leverage that is <1x. The sector has increasing potential for a sharp short squeeze and move higher, given its extreme disconnect from oil fundamentals (i.e. widest in 30+ years, Figure 10). In addition, our Semiconductor research argues that we are only 30-40% of the way into  the current semiconductor upcycle and expect strong Y/Y growth into next year with positive EPS revisions for the next 3-4 quarters. Supply will likely remain tight into 2022, while demand remains strong (20-40% above companies’ ability to supply), thus this supply demand imbalance will persist through 2021. Although customers are responding to tight supply with higher than needed orders, ongoing supply tightness is limiting fulfillment. In fact, JPM expects channel and customer inventories to decline Q/Q again in the just completed June quarter.\n\nLooking at the fundamentals, JPM predicts that S&P 500 gains should also be supported by strong earnings growth and capital return until 2023,and is why JPM is adjusting its above consensus S&P 500 EPS by another $5 for 2022 to $230 (consensus $214) and 2023 to $250 (consensus $233).\n\n This revision is largely due to global reopening which is delayed and bound to release further pent-up demand, inventory replenishment, rising profitability for Energy companies, and ongoing policy actions (childcare, infrastructure, etc). We expect cumulative revenue growth of ~30% by 2023 relative to pre-COVID (FY 2019), ~150bp net income margin expansion to a record high at over 13%, and gross buybacks nearing an annual pace of ~$1t during this period.\n\nWhile all sectors are expected to contribute to earnings growth, JPM expects reflation sensitive sectors (Commodities, Financials, Industrials) and Consumer to do the heaviest lifting in the coming quarters in terms of beats and revisions.\nPutting it all together, Lakos-Bujas says that \"considering this outlook for earnings and shareholder return, we are raising our Price Target to 4,600 for year-end 2021.\"\nBut while any first year strategist can goalseek a fundamentally bullish narrative and chart it, as JPM has done below...\n... there is a very specific reason behind JPM's bullish reversal:the coming surge in buybacks which will result in a boom in shareholder returns,or as Dubravko notes, \"corporates have already increased gross buybacks from pandemic era low of $525b (trailing twelve months as of 1Q21) to an annualized run rate of ~$775b YTD and should surpass previous record of ~$850b (as of 1Q19).\"\nIn practical terms, JPM expects a sharp drop in the S&P's share count in the next 24 months as the buyback-facilitated slow-motion LBO continues.\nSome more details below on the one biggest catalyst behind JPM's SPX price target hike:\n\nExpecting a boom in shareholder return led by buybacks.Buybacks are reemerging as a key theme with net buyback activity significantly improving this year after bottoming in 2Q20. Corporate buyback announcements, typically a leading indicator of buyback execution activity and corporate confidence, have already well-exceeded 2020 levels ($431B YTD vs. $307B 2020, see Figure 25). In fact,\n the rebound in announcement activity is similar to the surge post-TCJA (see Figure 23) which is tracking towards and it is likely to easily surpass ~$650B by year-end and likely to see rolling 12-month announcements surpass prior record level of ~$1T.Historically, buyback announcements have been concentrated within Technology and Financials. However, YTD we are seeing strong announcement activity from Communications as well (driven by GOOGL ~$50B in Apr). As a reminder, ~$90B of Tech’s $133B in announcements YTD is supported by AAPL and ~$25B of Financials' ~$92B is supported by BAC.\n\nWith the June 30th lifting of pandemic era restriction on US Banks,we could see some further pick-up in buyback announcements.Dry powder (i.e. announced repurchase programs not yet executed) levels have been recovering to pre-pandemic levels (~$658B, see Figure 27) as executions have been relatively slower to rebound but should show a material sequential growth in the coming quarters. With record profit margins (~13% in 2022 vs ~11.5% in 2019), bloated cash levels of $2.0T ex-financials (vs. $1.6T pre- COVID), and lower high grade debt yields (JULI at 2.6% now, vs 3.3% prepandemic),we are expecting a boom in buyback activity over the next year.Gross buybacks should surpass the prior executed high of $850b.\nIn summary,assuming $875b in buybacks and dividend income of $575 over the next year,JPM calculates thatthe expected shareholder yield is 3.9%.This, as Dubravko concludes, \"is a significant cross-asset valuation support for equities at a time when 10yr US bonds are yielding 1.2% and $13 trillion of global debt has a negative yield.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167354054,"gmtCreate":1624249045478,"gmtModify":1703831548311,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00175\">$Geely Automobile(00175)$</a>&nbsp;Geely go go go!!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/00175\">$Geely Automobile(00175)$</a>&nbsp;Geely go go go!!!&nbsp;","text":"$Geely Automobile(00175)$ Geely go go go!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167354054","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124958165,"gmtCreate":1624722669657,"gmtModify":1703844131136,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Yes. Coming soon","listText":"Yes. Coming soon","text":"Yes. Coming soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124958165","repostId":"1164137597","repostType":4,"repost":{"id":"1164137597","kind":"news","pubTimestamp":1624671774,"share":"https://ttm.financial/m/news/1164137597?lang=&edition=fundamental","pubTime":"2021-06-26 09:42","market":"us","language":"en","title":"Alibaba: Can BABA Get Back To $300? Yes, It Can","url":"https://stock-news.laohu8.com/highlight/detail?id=1164137597","media":"seekingalpha","summary":"The recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.The Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.Alibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.Alibaba is the dominant force in cloud services in China which could become a significant revenue g","content":"<p><b>Summary</b></p>\n<ul>\n <li>The recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.</li>\n <li>The Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.</li>\n <li>Alibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.</li>\n <li>Alibaba is the dominant force in cloud services in China which could become a significant revenue growth machine as the economy expands.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/814b0a9a0d17977f43665e2eba205b1e\" tg-width=\"1536\" tg-height=\"1024\"><span>Andrew Braun/iStock Editorial via Getty Images</span></p>\n<p>Alibaba(NYSE:BABA)operates a printing press that keeps spitting out tens of billions from total revenue down to net income. Many companies faced adversity throughout the pandemic, and some are still recovering, but not BABA. Through the worst economic environment for businesses to navigate in recent times, BABA generated over $100 billion in revenue and $20 billion in net income during their recent fiscal year. While BABA didn't get the memo about businesses facing challenges amidst the pandemic, the market must not have read BABA's earnings report or crunched the numbers.</p>\n<p>There are two Chinese companies I am bullish on, and BABA is my biggest conviction for appreciation. BABA smashed through the $300 share price level at the end of October 2020, but shareholders have been left confused and disappointed since then. It looked like BABA would turn the corner after a horrible end to 2020 as shares appreciated from $222.36 from the close of 2020 to $270.83 in the middle of February 2021. Still, the markets had other plans, and all shares of BABA have done is disappoint shareholders. If you missed the BABA train, it's time to grab your tickets and climb aboard, and if you purchased BABA during its run to $300 or early 2021 rebound, it might be time to add to your holdings. BABA is going to experience tremendous tailwinds from China's population and economic growth over the next several years, and their printing press is going to need more ink.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da7b532f25f563d08490ddc43cbede\" tg-width=\"640\" tg-height=\"337\"><span>(Source: Alibaba)</span></p>\n<p><b>The Alibaba printing press is open for business, and it spits out billions</b></p>\n<p>How many companies can say their annual revenue through the pandemic exceeded $100 billion? The $100 billion revenue mark is a prestigious club that companies such as&nbsp;Facebook (FB),PepsiCo (PEP),Procter &amp; Gamble (PG),Target (TGT), and&nbsp;Johnson &amp; Johnson (JNJ)&nbsp;are not part of. BABA, on the other hand, witnessed its revenue increase by 52.11% and smash through $100 billion as they generated $109.47 billion in their recent fiscal year. For the year ending March 2019, BABA's revenue increased by $16.25 billion (40.74%) to $56.15 billion, then for the March 2020 fiscal year, revenue increased another $15.82 billion (28.17%) to $71.97 billion. BABA is in the same boat as Alphabet(NASDAQ:GOOG)(GOOGL), FB, and Amazon (AMZN) as they watched the pandemic push more people to go digital which accelerated their businesses. For BABA, the forced transition to digital helped them achieve $37.5 billion (52.11%) in additional revenue as they finished their March 2021 fiscal year with $109.47 billion in revenue.</p>\n<p>Since 2013 BABA has not had a year where their annual revenue increase didn't exceed 25% Year over Year (YoY). When you think about that as a growth rate, it's remarkable for a company of BABA's size as this isn't a company chasing its first billion-dollar revenue year. Over the past 5 fiscal years, BABA's annual revenue has increased by $93.8 billion (408.08%) at an average annual rate of 48.25%. Smaller companies considered growth companies would be jealous of these rates, while many large caps are probably envious.</p>\n<p>BABA isn't a one-trick pony that can only generate tens of billions in revenue. BABA can convert right down to the bottom line. Each year BABA has increased its YoY gross profit by a minimum of 10% since 2013. In 2016 BABA generated $10.35 billion in gross profit and, over the next 5 fiscal years, increased its annual gross profit by $34.84 billion (336.68%). BABA has also never fallen below a 40% gross profit margin, Warren Buffett's magic number, as he indicates in<i>Warren Buffett and the Interpretation of Financial Statements. On page 34 of the Kindle edition,it says:</i></p>\n<blockquote>\n As a very general rule (and there are exceptions): Companies with gross profit margins of 40% or better tend to be companies with some sort of durable competitive advantage. Companies with gross profit margins below 40% tend to be companies in highly competitive industries, where competition is hurting overall profit margins (there are exceptions here, too).\n</blockquote>\n<p>The gross profit margin is important for investors to evaluate because it reveals how much of a company's revenue goes directly to producing it and if they have a moat around their business. BABA's numbers indicate they have a sufficient moat around their business that is hard to penetrate. With close to a decade of generating over 40% in gross profit margins, investors can expect that BABA's moat will protect its business operations for years to come.</p>\n<p>Moving to the bottom line BABA does a great job at generating profits. In their most recent fiscal year, BABA generated $22.98 billion in net income, converting more than 1/5th (20.99%) of their revenue to pure profits. Since 2013 BABA has only had 1 year where net income decreases YoY. With that track record, many options open up for BABA in the future as their cash stockpile continues to increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41a5e036f023fa4ced7666e06aa1de6b\" tg-width=\"640\" tg-height=\"444\"><span>(Source: Alibaba)</span></p>\n<p><b>Alibaba will continue to experience tailwinds as China's population and economy expands</b></p>\n<p>Alibaba&nbsp;achieved one billion annual active consumers globally in the fiscal year that ended in March 2021. BABA has 891 million consumers across China's retail marketplace, local consumer services and digital media and entertainment platforms, and approximately 240 million consumers outside China. BABA's annual active consumers in the China retail marketplaces were 811 million as it grew by 85 million YoY. BABA will focus on developing a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Through BABA's infrastructure, countless retailers have digitally transformed their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging consumer insights and technology. BABA's ecosystem, supply chain, and diversified fulfillment services have facilitated an immense digital transformation. By investing in its infrastructure, BABA's customers can now leverage a full range of high-frequency fulfillment services that include on-demand delivery, same-or-next day delivery, and next-day pick-up services for a full range of consumable and physical products.</p>\n<p>BABA will continue to be one of the cornerstones that supports growth within China's economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. China is projected to be the world's largest economy by 2028. The per-capita income in China is expected to grow by roughly 50% from 2020 to 2025.China's average economic growth&nbsp;has been projected to increase at a rate of 5.7% from 2021 to 2025, then slow to 4.5% from 2026 to 2030. As a result,China&nbsp;is on track to join the top 1/3rd of nations and overtake 56 countries in the per capita income rankings by 2025. By the end of 2022, McKinsey&nbsp;predicts&nbsp;that the middle class could expand to 550 million people which is larger than the entire U.S population.</p>\n<p>If the projections for China are correct, this should mean a windfall of cash lining BABA's coffers. It's a simple recipe; when people make more money, they tend to spend more money to enhance their lives and increase their standard of living. As BABA is a dominant force in China's retail sector, they stand to benefit from a growing economy and a larger middle class. At the end of next year, if China has anywhere close to 550 million individuals in the middle class, I believe BABA's revenue and profits will increase significantly. This trend can provide tailwinds throughout the decade for BABA, and eventually, the market will reward shareholders based on BABA's value proposition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbde4a092d19118a2d16daabf5c027d7\" tg-width=\"640\" tg-height=\"463\"><span>(Source: Blomberg)</span></p>\n<p><b>Alibaba has tremendous growth prospects in Cloud as China continues its digitization</b></p>\n<p>Cloud computing has been red hot in the U.S. as the transition from on-prem to cloud has increased the technological capabilities for many organizations. As digitization progresses across the business landscape, cloud providers continue to increase revenue generated from their cloud segments within their overall revenue mix. For example, AWS, the cloud computing division from&nbsp;AMZN, generated $45.37 billion in 2020. Cloud continues to be an exciting sector because the digital transformation is far from being over. Hence, the prospects of new customers are enormous while reoccurring revenue is generated after the transition occurs.</p>\n<p>In China, cloud infrastructure services are still in the early innings as the entire spend was around $15 billion in 2020. In Q1 of 2021, cloud infrastructure services in&nbsp;China&nbsp;grew by 55% YoY as it reached $6 billion. China was the 2nd largest market behind the U.S, accounting for 14% of global investment, up from 12% in Q1 of 2020. With cloud spending and digitization in China increasing, this serves as a major runway for growth in Alibaba Cloud.</p>\n<p>As China's economy expands, businesses will need to become more efficient to support both operations and customer demands. Chinese companies will need to implement infrastructure that can support a digital age of the workforce while supporting cloud services used by consumers for consumption. If China passes the U.S. as the world's largest economy in the second half of this decade, the amount of growth needed in cloud services will be immense. BABA is already the leader in cloud infrastructure services in China as their 39.8% market share accounted for $2.39 billion of the $6 billion spent in Q1 2021. Over the previous 6 quarters, cloud infrastructure spending has increased by roughly $2.3 billion (76.67%) in China. Based on cloud's current trajectory, quarterly revenue is on track to double over the next 2 years, putting Q1 2023 revenue at $10.6 billion. If BABA has a 35% market share, their Q1 2023 would be $3.71 billion, placing their 2023 revenue for cloud at $14.84 billion without factoring in any growth in 2023. From a cloud aspect, China's future spending is very exciting, and BABA will be one of the major benefactors.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1759b81ce463d503a165d901e2e50d7c\" tg-width=\"640\" tg-height=\"728\"><span>(Source: Canalys)</span></p>\n<p><b>Alibaba has stellar financial metrics and is undervalued compared to the U.S. tech conglomerates</b></p>\n<p>For this comparison, I am going to use AMZN and GOOGL as they have been establishing their dominance in the U.S. for more than a decade. First, here are the raw numbers for AMZN, BABA, and GOOGL:</p>\n<ul>\n <li>AMZN</li>\n <li>BABA</li>\n <li>GOOGL</li>\n</ul>\n<p>The market currently places a multiple of 17.03x on AMZN's equity compared to its market cap, while its revenue multiple is 4.2x. GOOGL has a multiple of 7.17x on its equity and 8.39x on its revenue compared to market cap. AMZN and GOOGL's market caps exceed $1.5 trillion, while BABA's sits at $575.57 billion. The market is placing a 3.5x multiple on BABA's equity and 5.26x on its revenue compared to the market cap. Thus, the market is severely discounting BABA's equity and revenue generation. BABA's equity is worth 28.58% of its market cap, while AMZN's equity is equivalent to 5.87%, and GOOGL's is 13.94% of its market cap. The current discount placed on BABA's equity could create an additional tailwind for shareholders in the future.</p>\n<p><b>Conclusion</b></p>\n<p>It's hard to dismiss the growth opportunities some companies in China are presenting, especially after the recent decline in share prices. However, I believe shares of BABA are currently undervalued based on their current financial metrics and growth rates. China's economy and the amount of capital allocated to cloud service infrastructure are expected to grow substantially over the years. These will create powerful tailwinds for BABA throughout this decade. As a result, I think shareholders have been allowed to establish a BABA or dollar cost average position at a discounted price. I plan on continuing to add shares to my position while the market is discounting BABA.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Can BABA Get Back To $300? Yes, It Can</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Can BABA Get Back To $300? Yes, It Can\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 09:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.\nThe Chinese economy is expected to become the world's largest economy by...</p>\n\n<a href=\"https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4436373-alibaba-can-get-back-to-300","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164137597","content_text":"Summary\n\nThe recent downturn in Alibaba's share price has created an investment opportunity for long-term capital appreciation.\nThe Chinese economy is expected to become the world's largest economy by 2028 and more than 500 million people will be part of the middle class by end of 2023.\nAlibaba will experience tailwinds from individuals and businesses spending more money during this period of growth in China.\nAlibaba is the dominant force in cloud services in China which could become a significant revenue growth machine as the economy expands.\n\nAndrew Braun/iStock Editorial via Getty Images\nAlibaba(NYSE:BABA)operates a printing press that keeps spitting out tens of billions from total revenue down to net income. Many companies faced adversity throughout the pandemic, and some are still recovering, but not BABA. Through the worst economic environment for businesses to navigate in recent times, BABA generated over $100 billion in revenue and $20 billion in net income during their recent fiscal year. While BABA didn't get the memo about businesses facing challenges amidst the pandemic, the market must not have read BABA's earnings report or crunched the numbers.\nThere are two Chinese companies I am bullish on, and BABA is my biggest conviction for appreciation. BABA smashed through the $300 share price level at the end of October 2020, but shareholders have been left confused and disappointed since then. It looked like BABA would turn the corner after a horrible end to 2020 as shares appreciated from $222.36 from the close of 2020 to $270.83 in the middle of February 2021. Still, the markets had other plans, and all shares of BABA have done is disappoint shareholders. If you missed the BABA train, it's time to grab your tickets and climb aboard, and if you purchased BABA during its run to $300 or early 2021 rebound, it might be time to add to your holdings. BABA is going to experience tremendous tailwinds from China's population and economic growth over the next several years, and their printing press is going to need more ink.\n(Source: Alibaba)\nThe Alibaba printing press is open for business, and it spits out billions\nHow many companies can say their annual revenue through the pandemic exceeded $100 billion? The $100 billion revenue mark is a prestigious club that companies such as Facebook (FB),PepsiCo (PEP),Procter & Gamble (PG),Target (TGT), and Johnson & Johnson (JNJ) are not part of. BABA, on the other hand, witnessed its revenue increase by 52.11% and smash through $100 billion as they generated $109.47 billion in their recent fiscal year. For the year ending March 2019, BABA's revenue increased by $16.25 billion (40.74%) to $56.15 billion, then for the March 2020 fiscal year, revenue increased another $15.82 billion (28.17%) to $71.97 billion. BABA is in the same boat as Alphabet(NASDAQ:GOOG)(GOOGL), FB, and Amazon (AMZN) as they watched the pandemic push more people to go digital which accelerated their businesses. For BABA, the forced transition to digital helped them achieve $37.5 billion (52.11%) in additional revenue as they finished their March 2021 fiscal year with $109.47 billion in revenue.\nSince 2013 BABA has not had a year where their annual revenue increase didn't exceed 25% Year over Year (YoY). When you think about that as a growth rate, it's remarkable for a company of BABA's size as this isn't a company chasing its first billion-dollar revenue year. Over the past 5 fiscal years, BABA's annual revenue has increased by $93.8 billion (408.08%) at an average annual rate of 48.25%. Smaller companies considered growth companies would be jealous of these rates, while many large caps are probably envious.\nBABA isn't a one-trick pony that can only generate tens of billions in revenue. BABA can convert right down to the bottom line. Each year BABA has increased its YoY gross profit by a minimum of 10% since 2013. In 2016 BABA generated $10.35 billion in gross profit and, over the next 5 fiscal years, increased its annual gross profit by $34.84 billion (336.68%). BABA has also never fallen below a 40% gross profit margin, Warren Buffett's magic number, as he indicates inWarren Buffett and the Interpretation of Financial Statements. On page 34 of the Kindle edition,it says:\n\n As a very general rule (and there are exceptions): Companies with gross profit margins of 40% or better tend to be companies with some sort of durable competitive advantage. Companies with gross profit margins below 40% tend to be companies in highly competitive industries, where competition is hurting overall profit margins (there are exceptions here, too).\n\nThe gross profit margin is important for investors to evaluate because it reveals how much of a company's revenue goes directly to producing it and if they have a moat around their business. BABA's numbers indicate they have a sufficient moat around their business that is hard to penetrate. With close to a decade of generating over 40% in gross profit margins, investors can expect that BABA's moat will protect its business operations for years to come.\nMoving to the bottom line BABA does a great job at generating profits. In their most recent fiscal year, BABA generated $22.98 billion in net income, converting more than 1/5th (20.99%) of their revenue to pure profits. Since 2013 BABA has only had 1 year where net income decreases YoY. With that track record, many options open up for BABA in the future as their cash stockpile continues to increase.\n(Source: Alibaba)\nAlibaba will continue to experience tailwinds as China's population and economy expands\nAlibaba achieved one billion annual active consumers globally in the fiscal year that ended in March 2021. BABA has 891 million consumers across China's retail marketplace, local consumer services and digital media and entertainment platforms, and approximately 240 million consumers outside China. BABA's annual active consumers in the China retail marketplaces were 811 million as it grew by 85 million YoY. BABA will focus on developing a digital commerce infrastructure that offers an upgraded consumer experience by seamlessly integrating online and offline. Through BABA's infrastructure, countless retailers have digitally transformed their businesses and created multiple retail formats that have enabled new consumption experiences by leveraging consumer insights and technology. BABA's ecosystem, supply chain, and diversified fulfillment services have facilitated an immense digital transformation. By investing in its infrastructure, BABA's customers can now leverage a full range of high-frequency fulfillment services that include on-demand delivery, same-or-next day delivery, and next-day pick-up services for a full range of consumable and physical products.\nBABA will continue to be one of the cornerstones that supports growth within China's economy, which is benefiting from the acceleration of digitalization in all aspects of life and work. China is projected to be the world's largest economy by 2028. The per-capita income in China is expected to grow by roughly 50% from 2020 to 2025.China's average economic growth has been projected to increase at a rate of 5.7% from 2021 to 2025, then slow to 4.5% from 2026 to 2030. As a result,China is on track to join the top 1/3rd of nations and overtake 56 countries in the per capita income rankings by 2025. By the end of 2022, McKinsey predicts that the middle class could expand to 550 million people which is larger than the entire U.S population.\nIf the projections for China are correct, this should mean a windfall of cash lining BABA's coffers. It's a simple recipe; when people make more money, they tend to spend more money to enhance their lives and increase their standard of living. As BABA is a dominant force in China's retail sector, they stand to benefit from a growing economy and a larger middle class. At the end of next year, if China has anywhere close to 550 million individuals in the middle class, I believe BABA's revenue and profits will increase significantly. This trend can provide tailwinds throughout the decade for BABA, and eventually, the market will reward shareholders based on BABA's value proposition.\n(Source: Blomberg)\nAlibaba has tremendous growth prospects in Cloud as China continues its digitization\nCloud computing has been red hot in the U.S. as the transition from on-prem to cloud has increased the technological capabilities for many organizations. As digitization progresses across the business landscape, cloud providers continue to increase revenue generated from their cloud segments within their overall revenue mix. For example, AWS, the cloud computing division from AMZN, generated $45.37 billion in 2020. Cloud continues to be an exciting sector because the digital transformation is far from being over. Hence, the prospects of new customers are enormous while reoccurring revenue is generated after the transition occurs.\nIn China, cloud infrastructure services are still in the early innings as the entire spend was around $15 billion in 2020. In Q1 of 2021, cloud infrastructure services in China grew by 55% YoY as it reached $6 billion. China was the 2nd largest market behind the U.S, accounting for 14% of global investment, up from 12% in Q1 of 2020. With cloud spending and digitization in China increasing, this serves as a major runway for growth in Alibaba Cloud.\nAs China's economy expands, businesses will need to become more efficient to support both operations and customer demands. Chinese companies will need to implement infrastructure that can support a digital age of the workforce while supporting cloud services used by consumers for consumption. If China passes the U.S. as the world's largest economy in the second half of this decade, the amount of growth needed in cloud services will be immense. BABA is already the leader in cloud infrastructure services in China as their 39.8% market share accounted for $2.39 billion of the $6 billion spent in Q1 2021. Over the previous 6 quarters, cloud infrastructure spending has increased by roughly $2.3 billion (76.67%) in China. Based on cloud's current trajectory, quarterly revenue is on track to double over the next 2 years, putting Q1 2023 revenue at $10.6 billion. If BABA has a 35% market share, their Q1 2023 would be $3.71 billion, placing their 2023 revenue for cloud at $14.84 billion without factoring in any growth in 2023. From a cloud aspect, China's future spending is very exciting, and BABA will be one of the major benefactors.\n(Source: Canalys)\nAlibaba has stellar financial metrics and is undervalued compared to the U.S. tech conglomerates\nFor this comparison, I am going to use AMZN and GOOGL as they have been establishing their dominance in the U.S. for more than a decade. First, here are the raw numbers for AMZN, BABA, and GOOGL:\n\nAMZN\nBABA\nGOOGL\n\nThe market currently places a multiple of 17.03x on AMZN's equity compared to its market cap, while its revenue multiple is 4.2x. GOOGL has a multiple of 7.17x on its equity and 8.39x on its revenue compared to market cap. AMZN and GOOGL's market caps exceed $1.5 trillion, while BABA's sits at $575.57 billion. The market is placing a 3.5x multiple on BABA's equity and 5.26x on its revenue compared to the market cap. Thus, the market is severely discounting BABA's equity and revenue generation. BABA's equity is worth 28.58% of its market cap, while AMZN's equity is equivalent to 5.87%, and GOOGL's is 13.94% of its market cap. The current discount placed on BABA's equity could create an additional tailwind for shareholders in the future.\nConclusion\nIt's hard to dismiss the growth opportunities some companies in China are presenting, especially after the recent decline in share prices. However, I believe shares of BABA are currently undervalued based on their current financial metrics and growth rates. China's economy and the amount of capital allocated to cloud service infrastructure are expected to grow substantially over the years. These will create powerful tailwinds for BABA throughout this decade. As a result, I think shareholders have been allowed to establish a BABA or dollar cost average position at a discounted price. I plan on continuing to add shares to my position while the market is discounting BABA.","news_type":1},"isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187748903,"gmtCreate":1623765303102,"gmtModify":1703818678467,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>need more up side!&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>need more up side!&nbsp;","text":"$BlackBerry(BB)$need more up side!","images":[{"img":"https://static.tigerbbs.com/d37539655e8762bc24225f766a193f8f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187748903","isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":183822742,"gmtCreate":1623323172386,"gmtModify":1704200866153,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"$1k is on the way&nbsp;","listText":"$1k is on the way&nbsp;","text":"$1k is on the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183822742","repostId":"1107871315","repostType":4,"repost":{"id":"1107871315","kind":"news","pubTimestamp":1623315689,"share":"https://ttm.financial/m/news/1107871315?lang=&edition=fundamental","pubTime":"2021-06-10 17:01","market":"hk","language":"en","title":"Can Alibaba Stock Hit $1,000? What's The Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1107871315","media":"seekingalpha","summary":"The \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.Alibaba has considerably more challenges on hand now than in early 2019 , yet the share price manages to be substantially higher.Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.Alibaba's P/E ratio would compress to a mere 11 ti","content":"<p><b>Summary</b></p>\n<ul>\n <li>The \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.</li>\n <li>Alibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher.</li>\n <li>Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.</li>\n <li>Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.</li>\n <li>An investment in Alibaba has several risk factors and I wish to highlight two key ones.</li>\n</ul>\n<p><b>BABA stock is on sale</b></p>\n<p>Like the millions of items on its platforms, Alibaba Group (BABA) is on sale. Unfortunately, for many shareholders, the \"promotional period\" has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this as it allows them to continue adding to their shares.</p>\n<p>Regardless, as a writer on numerousChinese internet stockswhose share prices have remained depressed for months and reading the harsh comments, it can get disheartening. As a shareholder in several of them myself, I understand the emotions going through the mind.</p>\n<p>At the same time, there have been many wise readers and fellow authors who provided sound advice that keeps me on the path. For instance, Gary Alexander recently wrote regarding thetech sell-off:</p>\n<blockquote>\n \"When the selloff in the tech sector has proven to be this indiscriminate (good and bad, cheap and expensive stocks are all being sold off at roughly the same pace), it's our job as diligent investors to be extremely discerning in the buying opportunities that have surfaced.\"\n</blockquote>\n<p>With BABA stock having given up all its gains in the past year, it's scant comfort to know the share price is still 58 percent higher than early 2019. Nevertheless, I am bringing this up because Alibaba was being shunned by investors then due to the headwinds from the U.S.-China trade war.</p>\n<p><img src=\"https://static.tigerbbs.com/e90c1a30b5b83eb51c67338eab37cb5e\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\"></p>\n<p>Now that the e-commerce and cloud giant has considerably more challenges on hand, yet the share price manages to be substantially higher. This provides a glimpse into the possible future where Alibaba Group Holding Limited overcome its immediate struggles and investors clamor for its shares again.</p>\n<p>That said, how do we justify that BABA stock is on sale? Well, let's look at the valuation. Both Alibaba Group and its U.S. peer Amazon.com (AMZN) have delivered solid revenue and earnings growth in the past years. The improvement in business fundamentals has led investors in both companies to think it would only get tougher to achieve returns expected of a growth stock, compressing their price-earnings multiples.</p>\n<p>Looking at the more representative enterprise value to free cash flow [EV/FCF] ratio, it becomes apparent that the market is valuing Alibaba much lower than Amazon. The EV/FCF is only 16 times for Alibaba and 72 times for Amazon.</p>\n<p><img src=\"https://static.tigerbbs.com/57bda237a374d7f6688c298b0fe9ae21\" tg-width=\"640\" tg-height=\"493\" referrerpolicy=\"no-referrer\"></p>\n<p>With a 3-year revenue CAGR and a 5-year revenue CAGR above 40 percent, it's hard to argue Alibaba Group is not a growth stock. Amazon only managed to deliver around 30 percent CAGR for both its 3-year and 5-year revenues. For the last reported quarter, Alibaba scored a 64 percent increase in revenue. Its forward revenue growth of 35.3 percent surpasses that of Amazon as well.</p>\n<table>\n <tbody>\n  <tr>\n   <td>BABA</td>\n   <td>AMZN</td>\n  </tr>\n  <tr>\n   <td>Revenue Growth [YoY]</td>\n   <td><p>40.7%</p></td>\n   <td><p>41.5%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue Growth [FWD]</td>\n   <td><p>35.3%</p></td>\n   <td><p>27.2%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue 3 Year [CAGR]</td>\n   <td><p>42.1%</p></td>\n   <td><p>29.5%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue 5 Year [CAGR]</td>\n   <td><p>48.0%</p></td>\n   <td><p>29.9%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Seeking Alpha Premium (data extracted on June 6, 2021)</i></p>\n<p>During times of uncertainty, it is imperative that companies have plenty of liquidity. Alibaba has loads of cash. Its EV to net cash is at a low 11.5 times compared to 36.6 times for Amazon. In other words, Alibaba has much more cash at its disposal relative to Amazon when we compare the enterprise values of the two companies. With the financial heft to withstand regulatory changes and geopolitical headwinds, it seems BABA shares are now at a bargain.</p>\n<p><b>Alibaba stock forecast</b></p>\n<p>The circumstances leading to the rough patch that Alibaba Group has found itself in are well-publicized. For the uninitiated, here are the key hurdles the company has faced:</p>\n<ul>\n <li>Theeleventh-hour suspensionof the IPO of Ant Group, its fintech arm;</li>\n <li>The\"disappearance\" of Jack Ma, the flamboyant founder of Alibaba Group;</li>\n <li>Antimonopoly investigation on its e-commerce practices and the subsequentpenalty meted out;</li>\n <li>Restructuring of Ant Group such that its finance lending unit isregulated like a bank, crimping its valuation.</li>\n</ul>\n<p>Considering the earlier mentioned formidable headwinds, it might seem ludicrous to think BABA stock can hit $1000 per share, more than quadruple the current price. Nevertheless, drawing a straightforward trend line price chart, BABA shares could reach $1000 sometime in the first quarter of 2027, if it crawls along with the support level.</p>\n<p><img src=\"https://static.tigerbbs.com/00dc7dd1ce5e1c05708abe460be89359\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Yahoo Finance (chart drawn by ALT Perspective)</i></p>\n<p>Do note that I am not factoring in any share consolidation in the interim. I am also not considering the scenario that Alibaba becomes a meme stock which is possible since Redditors tend to promote stocks that are \"hated\" by the market. I am assuming the adage that the stock market is a weighing machine, in the long run, will come to fruition for BABA.</p>\n<p>Is that thought farfetched? Just a couple of months back, I would answer a categorical no. However, as you will see from the chart, BABA's share price has dipped below the long-term support line. Some stocks have experienced such a chart pattern and managed to return above the support-turned-resistance line. It would not be easy but it has happened.</p>\n<p>Of course, the question here is whether $1000 per share is something foreseeable in the future. I say yes, provided the stock can regain its composure and get back up to the multi-year trend line in the next few months or so. If the stock drifts further south instead, the recovery back to the long-term support line would be too onerous, not to mention to get back on the track to $1000.</p>\n<p>The consensus one-year price target for BABA is at $295.60, 37 percent above the prevailing price. Even if the price target does not get revised upwards through the rest of the year, hitting near that level would bring the share price well above the $278 where the support line will be at the end of 2021. This means it isn't that difficult for Alibaba to return to its uptrend.</p>\n<p><img src=\"https://static.tigerbbs.com/6a8487c8f5276e6dd30d79d024833563\" tg-width=\"640\" tg-height=\"478\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Is Alibaba a good long-term stock?</b></p>\n<p>It is common nowadays to read media headlines and comments about fund managers \"dumping BABA stock\". Thus, it came as a surprise to me that Alibaba Group Holding was ranked fifth among \"50 stocks that matter the most to hedge funds,\" according to the Goldman Sachs'Hedge Fund VIP List.</p>\n<p>As many as 77 funds with 10 to 200 positions have Alibaba Group in their portfolios as of 31 March 2021, way higher than the median of 44 for the other stocks. Alibaba even found itself in the top 10 holdings in 35 funds. The average portfolio weight of BABA stock in these funds was 6 percent, the same weighting as Amazon and Visa Inc. (V). The percentage of equity cap of Alibaba owned by hedge funds was 2 percent, also the same as Amazon.</p>\n<p>Masayoshi Son, the CEO of SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF), recently commented that Alibaba is \"a great company, at a low price compared with its fundamentals.\" As SoftBank is a substantial shareholder of Alibaba, perhaps some readers are not convinced.</p>\n<p>However, Alibaba is becoming such a value stock that even \"Warren Buffett would love,\" according to a recent<i>Barron's</i>article. In a selection of high-scoring U.S. stocks from the Validea Buffett model, with market values above $10 billion, Alibaba Group was among the 10 finalists. Of particular note, it received a perfect score based on the Buffett model.</p>\n<p>What are we missing here? According to the consensus forecast, Alibaba is projected to double its earnings per share to nearly $20 in fiscal year ending March 2026, up from the $10.10 it reported in the fiscal year ending March 2021. Correspondingly, its P/E ratio would compress to a mere 11 times on a forward basis, if the share price stayed stagnant.</p>\n<p><img src=\"https://static.tigerbbs.com/3e98d8e98b1ce9bd2ec6a1275eb329f9\" tg-width=\"640\" tg-height=\"276\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p>If the share price does reach $1000, the P/E ratio would be more than 40 times. That would mean a rather rich valuation for Alibaba. However, we have to consider that the formidable headwinds facing the company have resulted in analysts churning out conservative numbers and price targets. As we can see from the following table, the EPS forecast is premised on the revenue growth steadily declining from the 5-year revenue CAGR of 48 percent to the low teens by 2026.</p>\n<p><img src=\"https://static.tigerbbs.com/7b2476ae016bd40d9b86476464121313\" tg-width=\"640\" tg-height=\"207\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p>When Alibaba Group continues to deliver steady revenue and earnings growth over the coming years, coupled with a potentialsustained change in narrative, the sentiment towards the stock could switch back to positive and we could once again see analysts revising their projections in reaction.</p>\n<p><b>Risk factors for Alibaba investors</b></p>\n<p>An investment in Alibaba has several risk factors and I wish to highlight two key ones. First, its ADR shares are listed through a Variable Interest Entity [VIE] structure. Some analysts haveraised the concernthat the Chinese government could one day declare the VIE void and the shares could become worthless overnight technically.</p>\n<p>Rationally though, it does not make sense for Beijing to disavow the VIE structure. Listing on the U.S. markets enables its companies to secure funding for business growth which would, in turn, boost the Chinese economy as well as create jobs.</p>\n<p>Second, the Holding Foreign Companies Accountable Act [HFCAA]signed into lawon 18 December 2020 could result in BABA ADRs delisted from U.S. stock exchanges if Alibaba is unable to fulfill the conditions as stipulated in the Act. The company CFO, Maggie Wu, has expressed her confidence that Alibaba cancomply withthe requirements of the HFCAA.</p>\n<p>Nevertheless, the U.S. government can issue amendments to the Act as it hasdone soin March. There is no certainty that Alibaba would be able to meet all future changes to the HFCAA. Investors have to take such risks into consideration.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Alibaba Stock Hit $1,000? What's The Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Alibaba Stock Hit $1,000? What's The Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 17:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.\nAlibaba has considerably more ...</p>\n\n<a href=\"https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1107871315","content_text":"Summary\n\nThe \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.\nAlibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher.\nDrawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.\nAlibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.\nAn investment in Alibaba has several risk factors and I wish to highlight two key ones.\n\nBABA stock is on sale\nLike the millions of items on its platforms, Alibaba Group (BABA) is on sale. Unfortunately, for many shareholders, the \"promotional period\" has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this as it allows them to continue adding to their shares.\nRegardless, as a writer on numerousChinese internet stockswhose share prices have remained depressed for months and reading the harsh comments, it can get disheartening. As a shareholder in several of them myself, I understand the emotions going through the mind.\nAt the same time, there have been many wise readers and fellow authors who provided sound advice that keeps me on the path. For instance, Gary Alexander recently wrote regarding thetech sell-off:\n\n \"When the selloff in the tech sector has proven to be this indiscriminate (good and bad, cheap and expensive stocks are all being sold off at roughly the same pace), it's our job as diligent investors to be extremely discerning in the buying opportunities that have surfaced.\"\n\nWith BABA stock having given up all its gains in the past year, it's scant comfort to know the share price is still 58 percent higher than early 2019. Nevertheless, I am bringing this up because Alibaba was being shunned by investors then due to the headwinds from the U.S.-China trade war.\n\nNow that the e-commerce and cloud giant has considerably more challenges on hand, yet the share price manages to be substantially higher. This provides a glimpse into the possible future where Alibaba Group Holding Limited overcome its immediate struggles and investors clamor for its shares again.\nThat said, how do we justify that BABA stock is on sale? Well, let's look at the valuation. Both Alibaba Group and its U.S. peer Amazon.com (AMZN) have delivered solid revenue and earnings growth in the past years. The improvement in business fundamentals has led investors in both companies to think it would only get tougher to achieve returns expected of a growth stock, compressing their price-earnings multiples.\nLooking at the more representative enterprise value to free cash flow [EV/FCF] ratio, it becomes apparent that the market is valuing Alibaba much lower than Amazon. The EV/FCF is only 16 times for Alibaba and 72 times for Amazon.\n\nWith a 3-year revenue CAGR and a 5-year revenue CAGR above 40 percent, it's hard to argue Alibaba Group is not a growth stock. Amazon only managed to deliver around 30 percent CAGR for both its 3-year and 5-year revenues. For the last reported quarter, Alibaba scored a 64 percent increase in revenue. Its forward revenue growth of 35.3 percent surpasses that of Amazon as well.\n\n\n\nBABA\nAMZN\n\n\nRevenue Growth [YoY]\n40.7%\n41.5%\n\n\nRevenue Growth [FWD]\n35.3%\n27.2%\n\n\nRevenue 3 Year [CAGR]\n42.1%\n29.5%\n\n\nRevenue 5 Year [CAGR]\n48.0%\n29.9%\n\n\n\nSource: Seeking Alpha Premium (data extracted on June 6, 2021)\nDuring times of uncertainty, it is imperative that companies have plenty of liquidity. Alibaba has loads of cash. Its EV to net cash is at a low 11.5 times compared to 36.6 times for Amazon. In other words, Alibaba has much more cash at its disposal relative to Amazon when we compare the enterprise values of the two companies. With the financial heft to withstand regulatory changes and geopolitical headwinds, it seems BABA shares are now at a bargain.\nAlibaba stock forecast\nThe circumstances leading to the rough patch that Alibaba Group has found itself in are well-publicized. For the uninitiated, here are the key hurdles the company has faced:\n\nTheeleventh-hour suspensionof the IPO of Ant Group, its fintech arm;\nThe\"disappearance\" of Jack Ma, the flamboyant founder of Alibaba Group;\nAntimonopoly investigation on its e-commerce practices and the subsequentpenalty meted out;\nRestructuring of Ant Group such that its finance lending unit isregulated like a bank, crimping its valuation.\n\nConsidering the earlier mentioned formidable headwinds, it might seem ludicrous to think BABA stock can hit $1000 per share, more than quadruple the current price. Nevertheless, drawing a straightforward trend line price chart, BABA shares could reach $1000 sometime in the first quarter of 2027, if it crawls along with the support level.\n\nSource: Yahoo Finance (chart drawn by ALT Perspective)\nDo note that I am not factoring in any share consolidation in the interim. I am also not considering the scenario that Alibaba becomes a meme stock which is possible since Redditors tend to promote stocks that are \"hated\" by the market. I am assuming the adage that the stock market is a weighing machine, in the long run, will come to fruition for BABA.\nIs that thought farfetched? Just a couple of months back, I would answer a categorical no. However, as you will see from the chart, BABA's share price has dipped below the long-term support line. Some stocks have experienced such a chart pattern and managed to return above the support-turned-resistance line. It would not be easy but it has happened.\nOf course, the question here is whether $1000 per share is something foreseeable in the future. I say yes, provided the stock can regain its composure and get back up to the multi-year trend line in the next few months or so. If the stock drifts further south instead, the recovery back to the long-term support line would be too onerous, not to mention to get back on the track to $1000.\nThe consensus one-year price target for BABA is at $295.60, 37 percent above the prevailing price. Even if the price target does not get revised upwards through the rest of the year, hitting near that level would bring the share price well above the $278 where the support line will be at the end of 2021. This means it isn't that difficult for Alibaba to return to its uptrend.\n\nIs Alibaba a good long-term stock?\nIt is common nowadays to read media headlines and comments about fund managers \"dumping BABA stock\". Thus, it came as a surprise to me that Alibaba Group Holding was ranked fifth among \"50 stocks that matter the most to hedge funds,\" according to the Goldman Sachs'Hedge Fund VIP List.\nAs many as 77 funds with 10 to 200 positions have Alibaba Group in their portfolios as of 31 March 2021, way higher than the median of 44 for the other stocks. Alibaba even found itself in the top 10 holdings in 35 funds. The average portfolio weight of BABA stock in these funds was 6 percent, the same weighting as Amazon and Visa Inc. (V). The percentage of equity cap of Alibaba owned by hedge funds was 2 percent, also the same as Amazon.\nMasayoshi Son, the CEO of SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF), recently commented that Alibaba is \"a great company, at a low price compared with its fundamentals.\" As SoftBank is a substantial shareholder of Alibaba, perhaps some readers are not convinced.\nHowever, Alibaba is becoming such a value stock that even \"Warren Buffett would love,\" according to a recentBarron'sarticle. In a selection of high-scoring U.S. stocks from the Validea Buffett model, with market values above $10 billion, Alibaba Group was among the 10 finalists. Of particular note, it received a perfect score based on the Buffett model.\nWhat are we missing here? According to the consensus forecast, Alibaba is projected to double its earnings per share to nearly $20 in fiscal year ending March 2026, up from the $10.10 it reported in the fiscal year ending March 2021. Correspondingly, its P/E ratio would compress to a mere 11 times on a forward basis, if the share price stayed stagnant.\n\nSource: Seeking Alpha Premium\nIf the share price does reach $1000, the P/E ratio would be more than 40 times. That would mean a rather rich valuation for Alibaba. However, we have to consider that the formidable headwinds facing the company have resulted in analysts churning out conservative numbers and price targets. As we can see from the following table, the EPS forecast is premised on the revenue growth steadily declining from the 5-year revenue CAGR of 48 percent to the low teens by 2026.\n\nSource: Seeking Alpha Premium\nWhen Alibaba Group continues to deliver steady revenue and earnings growth over the coming years, coupled with a potentialsustained change in narrative, the sentiment towards the stock could switch back to positive and we could once again see analysts revising their projections in reaction.\nRisk factors for Alibaba investors\nAn investment in Alibaba has several risk factors and I wish to highlight two key ones. First, its ADR shares are listed through a Variable Interest Entity [VIE] structure. Some analysts haveraised the concernthat the Chinese government could one day declare the VIE void and the shares could become worthless overnight technically.\nRationally though, it does not make sense for Beijing to disavow the VIE structure. Listing on the U.S. markets enables its companies to secure funding for business growth which would, in turn, boost the Chinese economy as well as create jobs.\nSecond, the Holding Foreign Companies Accountable Act [HFCAA]signed into lawon 18 December 2020 could result in BABA ADRs delisted from U.S. stock exchanges if Alibaba is unable to fulfill the conditions as stipulated in the Act. The company CFO, Maggie Wu, has expressed her confidence that Alibaba cancomply withthe requirements of the HFCAA.\nNevertheless, the U.S. government can issue amendments to the Act as it hasdone soin March. There is no certainty that Alibaba would be able to meet all future changes to the HFCAA. Investors have to take such risks into consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117435629,"gmtCreate":1623156325861,"gmtModify":1704197223972,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>&nbsp;enough for supper ?","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>&nbsp;enough for supper ?","text":"$BlackBerry(BB)$ enough for supper ?","images":[{"img":"https://static.tigerbbs.com/4e3cf974378d1752c5a836dff11f4fcc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117435629","isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":112497458,"gmtCreate":1622898678174,"gmtModify":1704193110995,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>&nbsp;holding on to it","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>&nbsp;holding on to it","text":"$AMC Entertainment(AMC)$ holding on to it","images":[{"img":"https://static.tigerbbs.com/39c902c038ed29e9257820e78be767c1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112497458","isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":116154622,"gmtCreate":1622782751766,"gmtModify":1704191121567,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/06186\">$CHINA FEIHE(06186)$</a>&nbsp;2nd small but profitable HK trade","listText":"<a href=\"https://laohu8.com/S/06186\">$CHINA FEIHE(06186)$</a>&nbsp;2nd small but profitable HK trade","text":"$CHINA FEIHE(06186)$ 2nd small but profitable HK trade","images":[{"img":"https://static.tigerbbs.com/3ea612715eb423d22e3dd2118a8b3a42","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116154622","isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":121176905,"gmtCreate":1624457647407,"gmtModify":1703837348786,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Crypto has not crashed yet. Ytd still positive","listText":"Crypto has not crashed yet. Ytd still positive","text":"Crypto has not crashed yet. Ytd still positive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121176905","repostId":"2145283099","repostType":4,"repost":{"id":"2145283099","kind":"highlight","pubTimestamp":1624452600,"share":"https://ttm.financial/m/news/2145283099?lang=&edition=fundamental","pubTime":"2021-06-23 20:50","market":"us","language":"en","title":"Here's What Happened to NVIDIA During the Last Crypto Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2145283099","media":"Motley Fool","summary":"Sales fell off a cliff, and so did the stock price.","content":"<p>It's starting to look like the cryptocurrency bubble is bursting. As of this writing, the price of <b>Bitcoin</b> (CRYPTO:BTC) has dipped below $30,000, erasing its gains for the year. Bitcoin is now down more than 50% from its all-time high.</p>\n<p>Other cryptocurrencies are doing even worse. <b>Ethereum</b> (CRYPTO:ETH) is down nearly 60% from its high, and joke cryptocurrency <b>Dogecoin</b> (CRYPTO:DOGE) has crashed 75%.</p>\n<p>Graphics chip developer <b>NVIDIA</b> (NASDAQ:NVDA) has been <a href=\"https://laohu8.com/S/AONE\">one</a> beneficiary of the crypto bubble. The company's graphics cards are useful for mining certain cryptocurrencies. This fact has boosted demand for graphics cards, contributing to shortages and high prices.</p>\n<p><img src=\"https://static.tigerbbs.com/9eae70fe3111cdeb0fe2fe15c5e5fcf3\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>NVIDIA sells some models specifically aimed at cryptocurrency miners, but miners are also buying plenty of standard graphics cards through the same channels used by PC gamers. This makes it difficult to tell how much of NVIDIA's gaming revenue is a side-effect of the cryptocurrency bubble. NVIDIA's gaming revenue more than doubled year-over-year to $2.76 billion in its latest quarter.</p>\n<p>What happens if crypto prices continue to crash? It wasn't pretty for NVIDIA last time around.</p>\n<h3>From shortage to supply glut</h3>\n<p>The price of bitcoin and other cryptocurrencies soared throughout 2017 and early 2018. Miners snapped up graphics cards, leading to shortages and high prices. Sound familiar?</p>\n<p>NVIDIA's quarterly gaming revenue held steady at around $1.8 billion through the third quarter of fiscal 2019, which ended in October of 2018. Then it fell off a cliff as interest in cryptocurrency waned. Gaming revenue crashed below $1 billion in the fiscal fourth quarter of that year.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F631439%2Fnvidia-gaming-revenue-crypto.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"501\" referrerpolicy=\"no-referrer\"></p>\n<p>Chart by author. Data source: NVIDIA.</p>\n<p>The crypto crash of 2018 led to bloated channel inventories of graphics cards, which reduced NVIDIA's sales dramatically. Gaming revenue was depressed for about three quarters before bouncing back.</p>\n<p>\"Crypto mining demand and its after effects have distorted the quarter-to-quarter trends in the gaming business and obscured its underlying trend line,\" NVIDIA CFO Colette Kress said during the Q4 2019 earnings call.</p>\n<p>Kress continued: \"...with the benefit of hindsight, we shipped a higher amount of desktop gaming products relative to where end demand turned out to be.\"</p>\n<p>What's happening now is a turbocharged version of what happened in 2018. The total value of the cryptocurrency market at the peak this time around was far higher than in 2018, topping $2 trillion in April.</p>\n<p>Actual shipments of graphics cards were up 24.4% in the first quarter on a year-over-year basis, according to Jon Peddie Research. The total value of those cards soared 370% thanks to inflated prices. Some of this demand has undoubtedly been driven by the pandemic, but a big chunk is tied to the fortunes of the cryptocurrency market.</p>\n<p>Just like NVIDIA's gaming revenue, NVIDIA stock was hit hard by the last crypto crash. Shares tanked in the final three months of 2018 as the extent of NVIDIA's dependence on crypto miners demand became clear.</p>\n<p><img src=\"https://static.tigerbbs.com/872169a76058d1b9cde031da052b3211\" tg-width=\"720\" tg-height=\"419\" referrerpolicy=\"no-referrer\"></p>\n<p>NVDA data by YCharts</p>\n<p>NVIDIA stock has once again surged amid a cryptocurrency boom and shortages of graphics cards. The company is now worth about $460 billion, about triple its peak value during the last cryptocurrency bubble. NVIDIA has made strides outside of gaming since then, particularly in the data center. But a big drop in revenue is possible, and perhaps likely, if crypto prices keep tumbling.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's What Happened to NVIDIA During the Last Crypto Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's What Happened to NVIDIA During the Last Crypto Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/23/nvidia-stock-crypto-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's starting to look like the cryptocurrency bubble is bursting. As of this writing, the price of Bitcoin (CRYPTO:BTC) has dipped below $30,000, erasing its gains for the year. Bitcoin is now down ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/23/nvidia-stock-crypto-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/06/23/nvidia-stock-crypto-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145283099","content_text":"It's starting to look like the cryptocurrency bubble is bursting. As of this writing, the price of Bitcoin (CRYPTO:BTC) has dipped below $30,000, erasing its gains for the year. Bitcoin is now down more than 50% from its all-time high.\nOther cryptocurrencies are doing even worse. Ethereum (CRYPTO:ETH) is down nearly 60% from its high, and joke cryptocurrency Dogecoin (CRYPTO:DOGE) has crashed 75%.\nGraphics chip developer NVIDIA (NASDAQ:NVDA) has been one beneficiary of the crypto bubble. The company's graphics cards are useful for mining certain cryptocurrencies. This fact has boosted demand for graphics cards, contributing to shortages and high prices.\n\nImage source: Getty Images.\nNVIDIA sells some models specifically aimed at cryptocurrency miners, but miners are also buying plenty of standard graphics cards through the same channels used by PC gamers. This makes it difficult to tell how much of NVIDIA's gaming revenue is a side-effect of the cryptocurrency bubble. NVIDIA's gaming revenue more than doubled year-over-year to $2.76 billion in its latest quarter.\nWhat happens if crypto prices continue to crash? It wasn't pretty for NVIDIA last time around.\nFrom shortage to supply glut\nThe price of bitcoin and other cryptocurrencies soared throughout 2017 and early 2018. Miners snapped up graphics cards, leading to shortages and high prices. Sound familiar?\nNVIDIA's quarterly gaming revenue held steady at around $1.8 billion through the third quarter of fiscal 2019, which ended in October of 2018. Then it fell off a cliff as interest in cryptocurrency waned. Gaming revenue crashed below $1 billion in the fiscal fourth quarter of that year.\n\nChart by author. Data source: NVIDIA.\nThe crypto crash of 2018 led to bloated channel inventories of graphics cards, which reduced NVIDIA's sales dramatically. Gaming revenue was depressed for about three quarters before bouncing back.\n\"Crypto mining demand and its after effects have distorted the quarter-to-quarter trends in the gaming business and obscured its underlying trend line,\" NVIDIA CFO Colette Kress said during the Q4 2019 earnings call.\nKress continued: \"...with the benefit of hindsight, we shipped a higher amount of desktop gaming products relative to where end demand turned out to be.\"\nWhat's happening now is a turbocharged version of what happened in 2018. The total value of the cryptocurrency market at the peak this time around was far higher than in 2018, topping $2 trillion in April.\nActual shipments of graphics cards were up 24.4% in the first quarter on a year-over-year basis, according to Jon Peddie Research. The total value of those cards soared 370% thanks to inflated prices. Some of this demand has undoubtedly been driven by the pandemic, but a big chunk is tied to the fortunes of the cryptocurrency market.\nJust like NVIDIA's gaming revenue, NVIDIA stock was hit hard by the last crypto crash. Shares tanked in the final three months of 2018 as the extent of NVIDIA's dependence on crypto miners demand became clear.\n\nNVDA data by YCharts\nNVIDIA stock has once again surged amid a cryptocurrency boom and shortages of graphics cards. The company is now worth about $460 billion, about triple its peak value during the last cryptocurrency bubble. NVIDIA has made strides outside of gaming since then, particularly in the data center. But a big drop in revenue is possible, and perhaps likely, if crypto prices keep tumbling.","news_type":1},"isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184182136,"gmtCreate":1623688892325,"gmtModify":1704208855897,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Good days are over","listText":"Good days are over","text":"Good days are over","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184182136","repostId":"2143738859","repostType":4,"repost":{"id":"2143738859","kind":"news","pubTimestamp":1623684317,"share":"https://ttm.financial/m/news/2143738859?lang=&edition=fundamental","pubTime":"2021-06-14 23:25","market":"us","language":"en","title":"Vaccine Stocks Slide After Novavax Shot Proves Highly Effective","url":"https://stock-news.laohu8.com/highlight/detail?id=2143738859","media":"Bloomberg","summary":"(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’","content":"<p>(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.</p>\n<p>Stocks tied to inoculations already cleared for emergency use fell in Monday’s trading, led by Moderna Inc.’s slide of as much as 9.5%. Pfizer Inc. fell 1.6% and the drugmaker’s German partner <a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a> dropped 6.1%. Even the consumer giant Johnson &amp; Johnson slipped 0.6%, slightly more than the S&amp;P 500 index as the broader market dropped back from Friday’s record highs.</p>\n<p>Novavax itself wasn’t immune from the downdraft it created, with the stock reversing a 9.5% gain on Monday to fall about 1%. The shot’s efficacy was better than Wall Street was expecting amid the spread of more resistant variants, and that’s raising the specter of new competition. Novavax now has “a viable alternative to mRNA vaccines,” like Pfizer and BioNTech or Moderna’s shots, an analyst at Jefferies said.</p>\n<p>But with Novavax up 91% so far this year and after a more than 2,700% leap in 2020, it wasn’t enough to further bolster shares. Biotech stocks often climb ahead of highly watched catalyst, only to give back gains even after a positive update.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vaccine Stocks Slide After Novavax Shot Proves Highly Effective</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVaccine Stocks Slide After Novavax Shot Proves Highly Effective\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.\nStocks tied to inoculations already ...</p>\n\n<a href=\"https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","BNTX":"BioNTech SE","NVAX":"诺瓦瓦克斯医药","PFE":"辉瑞"},"source_url":"https://finance.yahoo.com/news/vaccine-stocks-slide-novavax-shot-145617752.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143738859","content_text":"(Bloomberg) -- The world’s top makers of Covid-19 vaccines are dropping after tests of Novavax Inc.’s shots showed they were 90% effective at preventing symptoms.\nStocks tied to inoculations already cleared for emergency use fell in Monday’s trading, led by Moderna Inc.’s slide of as much as 9.5%. Pfizer Inc. fell 1.6% and the drugmaker’s German partner BioNTech SE dropped 6.1%. Even the consumer giant Johnson & Johnson slipped 0.6%, slightly more than the S&P 500 index as the broader market dropped back from Friday’s record highs.\nNovavax itself wasn’t immune from the downdraft it created, with the stock reversing a 9.5% gain on Monday to fall about 1%. The shot’s efficacy was better than Wall Street was expecting amid the spread of more resistant variants, and that’s raising the specter of new competition. Novavax now has “a viable alternative to mRNA vaccines,” like Pfizer and BioNTech or Moderna’s shots, an analyst at Jefferies said.\nBut with Novavax up 91% so far this year and after a more than 2,700% leap in 2020, it wasn’t enough to further bolster shares. Biotech stocks often climb ahead of highly watched catalyst, only to give back gains even after a positive update.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112494248,"gmtCreate":1622898439084,"gmtModify":1704193109038,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Cos they got burnt","listText":"Cos they got burnt","text":"Cos they got burnt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/112494248","repostId":"1114675600","repostType":2,"repost":{"id":"1114675600","kind":"news","pubTimestamp":1622859189,"share":"https://ttm.financial/m/news/1114675600?lang=&edition=fundamental","pubTime":"2021-06-05 10:13","market":"us","language":"en","title":"Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.","url":"https://stock-news.laohu8.com/highlight/detail?id=1114675600","media":"Barrons","summary":"It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ","content":"<p>It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.</p>\n<p>It all started with GameStop (ticker: GME) in January;since then, retail traders on Reddit message boards have collaborated to&nbsp;push share prices higher&nbsp;for several&nbsp;small-company&nbsp;stocks. These companies—such as&nbsp;Express(EXPR),BlackBerry(BB),Bed Bath &amp; Beyond(BBBY),and others—aren’t any more profitable or otherwise more attractive based on fundamentals. Investors left owning the stock after the initial promoters of the shares sell their stakes often end up with a losing investment.</p>\n<p>Small-cap fund managers, for the most part, have avoided these stocks. “Oftentimes, [meme stocks] do not meet our criteria,” says Jamie Cuellar, manager of the $1.2 billion&nbsp;Buffalo Small Capfund (BUFSX). “And we do not change our investment process if the market is rewarding meme stocks.” Chris Retzer, manager of the $228 million&nbsp;Needham Small Cap Growthfund (NESGX), says the same: “We would not chase those names based on our fundamental viewpoints.”</p>\n<p>That’s good news for investors, though a challenging stance for&nbsp;fund managers. Shares of&nbsp;AMC Entertainment&nbsp;Holdings (AMC)—the latest leader of meme stocks—surged 418% from May 21 to this past Wednesday, before falling 23% as of Friday’s close. At its peak, the stock became the largest member of the&nbsp;Russell 2000&nbsp;index—the benchmark against which many small-cap funds are measured—with a market value of $28 billion.GameStop&nbsp;was the third largest member. While each stock makes up less than 1% of the index, their wild surge means that they’ve contributed the most to the small-cap benchmark’s recent gains.</p>\n<p><img src=\"https://static.tigerbbs.com/8f4862424d8d1aacb204de9fce666d5e\" tg-width=\"953\" tg-height=\"651\"></p>\n<p>“I can imagine there are many small-cap active managers right now very frustrated by what they’re seeing,” says Ben Johnson, director of global ETF research for Morningstar. In the first five months of 2021, he says, not owning GameStop, or owning less than the benchmark, has been the biggest performance detractor for small-cap value funds. (Because meme stocks are generally of battered companies, they are usually found in the value index.)</p>\n<p>Fund investors, however, should be wary of attributing too much over- or underperformance to whether or not a fund owns meme stocks. Sure, it can be marginally more difficult to beat the benchmark when meme stocks are on a tear. But they don’t have as much influence as many investors think: The Russell 2000 has gained 16% so far this year; AMC and GameStop combined contributed just 1.3 percentage points to that rise. That’s still a high hurdle for active managers to beat. Similarly, when meme stocks drop, it can make benchmark-beating gains look more impressive. Ultimately, the bigger issue is not the performance of meme stocks; it’s that their volatility makes evaluating the performance of funds difficult.</p>\n<p><img src=\"https://static.tigerbbs.com/b00008b77302ea5d4f8f76370c5612b8\" tg-width=\"964\" tg-height=\"593\"></p>\n<p>What’s more, the Russell 2000 will make its annual reconstitution at the end of June. If AMC and GameStop remain at their current levels, they’ll likely move from the small-cap index into the large-cap Russell 1000. That means if, or when, they tumble again, the drawdown will affect the large-cap index, not the small-cap benchmark.</p>\n<p>“Small-cap managers who are underweight these names are forced into a difficult near-term choice,” wrote Wells Fargo analyst Chris Harvey in a Friday note. “Either add these names before the rebalance to limit relative-performance risk, or cross fingers and hope their prices fall before they are graduated out, i.e., before the underperformance is locked in.”</p>\n<p>Some active funds, including the $4.3 billion&nbsp;BlackRock Advantage Small Cap Corefund (BDSAX), have added AMC and GameStop shares this year. The fund, however, has more than 800 holdings, and those two make up less than 0.3% of its portfolio.</p>\n<p>Many active managers say they’re not too concerned about lagging behind the benchmark due to a lack of meme stocks. For starters, while these small stocks are making big moves and getting a lot of media attention, those moves ultimately have little real effect on the broad universe of small companies. “Meme stocks have minimal impact on long-term small-cap investors who focus on fundamental results,” says Needham’s Retzer. Are his clients concerned? “It’s not even a topic,” he says.</p>\n<p>“People hire discretionary managers to use their discretion,” says Morningstar’s Johnson. “I would think they’d want the managers to stick to their guns and keep their cool through the environments we’re living through now.”</p>\n<p>Fund investors should evaluate funds’ performance relative to other, similar funds, rather than their performance relative to the Russell 2000 benchmark. It’s also important to take a look at funds’ risk-adjusted returns—even if a fund does well owning meme stocks, those returns come with more inherent risk, and it’s important to know that a manager is willing to make momentum bets. If you’re an investor focused on owning good companies that do well because their businesses are growing, it might be OK to underperform the benchmark while the meme market rules.</p>\n<p>This is not to say that active managers should always avoid meme stocks. While meme stocks’ rise is mostly driven by social-media hype rather than genuine fundamental improvements, the rally itself has led to changes that might help these struggling firms turn around. AMC, for one, has been raising money by selling new shares, which could be used to repay debt, acquire rivals, or invest in new growth opportunities.</p>\n<p>The long-term implication of these moves has yet to be determined, says Retzer, but it’s certainly worth monitoring. “What they do with that cash will determine whether these valuation can be supported,” he says. “But under current fundamental analysis, it would be a struggle to view these stocks as value investments right now.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fund Managers Are Ignoring Meme Stocks. That’s a Good Thing.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFund Managers Are Ignoring Meme Stocks. That’s a Good Thing.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 10:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.\nIt all started with GameStop (ticker: GME) in January;since then, retail traders on ...</p>\n\n<a href=\"https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居","AMC":"AMC院线","BB":"黑莓","GME":"游戏驿站",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","EXPR":"Express, Inc.",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/funds-meme-stocks-51622853015?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114675600","content_text":"It’s a meme-stock world; we just live in it—and small-company fund managers are doing their best to ignore it.\nIt all started with GameStop (ticker: GME) in January;since then, retail traders on Reddit message boards have collaborated to push share prices higher for several small-company stocks. These companies—such as Express(EXPR),BlackBerry(BB),Bed Bath & Beyond(BBBY),and others—aren’t any more profitable or otherwise more attractive based on fundamentals. Investors left owning the stock after the initial promoters of the shares sell their stakes often end up with a losing investment.\nSmall-cap fund managers, for the most part, have avoided these stocks. “Oftentimes, [meme stocks] do not meet our criteria,” says Jamie Cuellar, manager of the $1.2 billion Buffalo Small Capfund (BUFSX). “And we do not change our investment process if the market is rewarding meme stocks.” Chris Retzer, manager of the $228 million Needham Small Cap Growthfund (NESGX), says the same: “We would not chase those names based on our fundamental viewpoints.”\nThat’s good news for investors, though a challenging stance for fund managers. Shares of AMC Entertainment Holdings (AMC)—the latest leader of meme stocks—surged 418% from May 21 to this past Wednesday, before falling 23% as of Friday’s close. At its peak, the stock became the largest member of the Russell 2000 index—the benchmark against which many small-cap funds are measured—with a market value of $28 billion.GameStop was the third largest member. While each stock makes up less than 1% of the index, their wild surge means that they’ve contributed the most to the small-cap benchmark’s recent gains.\n\n“I can imagine there are many small-cap active managers right now very frustrated by what they’re seeing,” says Ben Johnson, director of global ETF research for Morningstar. In the first five months of 2021, he says, not owning GameStop, or owning less than the benchmark, has been the biggest performance detractor for small-cap value funds. (Because meme stocks are generally of battered companies, they are usually found in the value index.)\nFund investors, however, should be wary of attributing too much over- or underperformance to whether or not a fund owns meme stocks. Sure, it can be marginally more difficult to beat the benchmark when meme stocks are on a tear. But they don’t have as much influence as many investors think: The Russell 2000 has gained 16% so far this year; AMC and GameStop combined contributed just 1.3 percentage points to that rise. That’s still a high hurdle for active managers to beat. Similarly, when meme stocks drop, it can make benchmark-beating gains look more impressive. Ultimately, the bigger issue is not the performance of meme stocks; it’s that their volatility makes evaluating the performance of funds difficult.\n\nWhat’s more, the Russell 2000 will make its annual reconstitution at the end of June. If AMC and GameStop remain at their current levels, they’ll likely move from the small-cap index into the large-cap Russell 1000. That means if, or when, they tumble again, the drawdown will affect the large-cap index, not the small-cap benchmark.\n“Small-cap managers who are underweight these names are forced into a difficult near-term choice,” wrote Wells Fargo analyst Chris Harvey in a Friday note. “Either add these names before the rebalance to limit relative-performance risk, or cross fingers and hope their prices fall before they are graduated out, i.e., before the underperformance is locked in.”\nSome active funds, including the $4.3 billion BlackRock Advantage Small Cap Corefund (BDSAX), have added AMC and GameStop shares this year. The fund, however, has more than 800 holdings, and those two make up less than 0.3% of its portfolio.\nMany active managers say they’re not too concerned about lagging behind the benchmark due to a lack of meme stocks. For starters, while these small stocks are making big moves and getting a lot of media attention, those moves ultimately have little real effect on the broad universe of small companies. “Meme stocks have minimal impact on long-term small-cap investors who focus on fundamental results,” says Needham’s Retzer. Are his clients concerned? “It’s not even a topic,” he says.\n“People hire discretionary managers to use their discretion,” says Morningstar’s Johnson. “I would think they’d want the managers to stick to their guns and keep their cool through the environments we’re living through now.”\nFund investors should evaluate funds’ performance relative to other, similar funds, rather than their performance relative to the Russell 2000 benchmark. It’s also important to take a look at funds’ risk-adjusted returns—even if a fund does well owning meme stocks, those returns come with more inherent risk, and it’s important to know that a manager is willing to make momentum bets. If you’re an investor focused on owning good companies that do well because their businesses are growing, it might be OK to underperform the benchmark while the meme market rules.\nThis is not to say that active managers should always avoid meme stocks. While meme stocks’ rise is mostly driven by social-media hype rather than genuine fundamental improvements, the rally itself has led to changes that might help these struggling firms turn around. AMC, for one, has been raising money by selling new shares, which could be used to repay debt, acquire rivals, or invest in new growth opportunities.\nThe long-term implication of these moves has yet to be determined, says Retzer, but it’s certainly worth monitoring. “What they do with that cash will determine whether these valuation can be supported,” he says. “But under current fundamental analysis, it would be a struggle to view these stocks as value investments right now.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113458057,"gmtCreate":1622635770479,"gmtModify":1704187757109,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;Hope for better price tonight.&nbsp;","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>&nbsp;Hope for better price tonight.&nbsp;","text":"$Sundial Growers Inc.(SNDL)$ Hope for better price tonight.","images":[{"img":"https://static.tigerbbs.com/240b7ac64d9880c040e007dd55d558a3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/113458057","isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":167343418,"gmtCreate":1624249180734,"gmtModify":1703831554851,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Good news?","listText":"Good news?","text":"Good news?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167343418","repostId":"2145088542","repostType":4,"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187772929,"gmtCreate":1623765557161,"gmtModify":1703818695271,"author":{"id":"3575263658083707","authorId":"3575263658083707","name":"yusl","avatar":"https://static.tigerbbs.com/e2599b870433e6b8995b17759d072bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575263658083707","authorIdStr":"3575263658083707"},"themes":[],"htmlText":"Another record session","listText":"Another record session","text":"Another record session","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187772929","repostId":"1146320033","repostType":4,"repost":{"id":"1146320033","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623764131,"share":"https://ttm.financial/m/news/1146320033?lang=&edition=fundamental","pubTime":"2021-06-15 21:35","market":"us","language":"en","title":"Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1146320033","media":"Tiger Newspress","summary":"(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy","content":"<p>(June 15)&nbsp;U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.</p>\n<p>The S&amp;P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.</p>\n<p>OCGN surged over&nbsp;14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.</p>\n<p><img src=\"https://static.tigerbbs.com/39fdb75cb1c3f4399e35e84ba937685e\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>DraftKings plunged nearly 9%.&nbsp;DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.</p>\n<p><img src=\"https://static.tigerbbs.com/52d85ad8bd88cda7858f3a247dcbb636\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow rises slightly, S&P 500 adds to a record ahead of key Fed meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-15 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 15)&nbsp;U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.</p>\n<p>The S&amp;P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.</p>\n<p>OCGN surged over&nbsp;14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.</p>\n<p><img src=\"https://static.tigerbbs.com/39fdb75cb1c3f4399e35e84ba937685e\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>DraftKings plunged nearly 9%.&nbsp;DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.</p>\n<p><img src=\"https://static.tigerbbs.com/52d85ad8bd88cda7858f3a247dcbb636\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146320033","content_text":"(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.\nThe S&P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.\nOCGN surged over 14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.\n\nDraftKings plunged nearly 9%. DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}